3407 E Broad St - Self-Storage Facilities FOR SALE


Texarkana, AR 71854
$700,000 USD
913-707-9030
3407 E Broad St, Texarkana, AR for Sale
$700,000 USD
Self-Storage Facilities - FOR SALE
1/12
null | Request Cap Rate

3407 E Broad St
Texarkana, AR 71854


HIGHLIGHTS

  • Value-add opportunity set up for remote management
  • Includes 0.5 acres for additional expansion
  • Seller is open to creative financing offers
  • Prominent frontage on Broad Street – one of Texarkana’s primary commercial corridors
  • Excellent condition with no deferred maintenance or near-term capital expenditure requirements
  • Buyer has the option to assume the Seller’s loan from the previous owner at an attractive interest rate

OVERVIEW

Storage on Broad offers a value-add acquisition in Texarkana, Arkansas that includes both climate-controlled storage with Boat/RV parking. The newer climate-controlled conver¬sion completed in 2023 features updated lighting, HVAC, and security cameras with no de¬ferred maintenance or near-term capex required. It is currently set up for efficient remote management and with frontage on Broad Street—one of Texarkana’s primary commercial corridors—the location has strong visibility and provides convenient access for tenants. The property includes 0.5 acres at the entrance that is currently leased to truckparking¬club.com for tractor & trailer parking but can be used to build additional climate control or conventional drive-up storage. With physical occupancy at 32%, there is significant upside to drive rental growth. The seller is open to creative financing, making this an attractive ac¬quisition for investors seeking a well-maintained, climate-controlled storage facility with expansion potential and flexible deal structuring.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Storage on Broad

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

-

APN/PARCEL ID

00253900

ASK ABOUT THIS PROPERTY

Larry GoldmanGoldman Investment AdvisorsMore Info
913-707-9030

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Larry GoldmanGoldman Investment AdvisorsMore Info
913-707-9030

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.