501-993-0335

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Specialty - FOR SALE
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3900 Arkansas Blvd
Texarkana, AR 71854


OVERVIEW

INVESTMENT DESCRIPTION Boulevard Storage is a revived self-storage facility that was expanded in 2023 with climate units. It is a turn-key facility in Texarkana, AR. It offers 27,795 RSF +/- of storage in 143 drive-up units and 73 indoor climate-controlled units. In addition, outdoor parking has been constructed for 18 rentable spaces to accommodate autos, boats, and RVs. The 73 climate units were added in 2023 and 2024 through both a warehouse conversion and a newly constructed expansion building. A new owner can take this facility to new heights by increasing rates to market level and continuing the lease-up of the facility. INVESTMENT HIGHLIGHTS Below market rents Large percentage of renters in the market (over 50%) Newly constructed gate and climate building (2023) Extensive capital improvements Turn-key third-party managed facility for easy transition

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

3.02 AC

LAND SF

131,467 SF

ZONING

-

APN/PARCEL ID

00225901

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501-993-0335

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501-993-0335

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