Storage Plus of Texarkana Portfolio — Sale in Texarkana, AR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Texarkana, AR 71854
  • Year built: 1977

Photos

Storage Plus of Texarkana Portfolio — Sale in Texarkana, AR, photo 1 of 2
Storage Plus of Texarkana Portfolio — Sale in Texarkana, AR, photo 2 of 2

Investment Figures

Cap rate
5.55%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The Storage Plus of Texarkana Portfolio includes two self-storage facilities approximately a mile from one another in Texarkana, Arkansas. The properties sit on a combined +/- 2.96 acres of land and have ten single-story buildings consisting of 330 total units and a combined 55,845 NRSF. The facilities have numerous amenities including but not limited to video surveillance, gated entries with digital keycode access, roll-up doors, and concrete driveways. The East Broad Street facility serves as the hub and features a fullservice onsite manager's office and residence. Investment Highlights: • • TWO PROPERTY, 330 UNIT VALUE ADD PORTFOLIO // 55,845 NRSF across infill Texarkana, Arkansas locations less than one mile apart. • • PRIME VISIBILITY AND DEMAND DRIVERS // Frontage on US 67 with approximately 6,849 daily traffic counts and East 9th Street approximately 12,211 daily traffic counts, plus proximity to Arkansas High • • BELOW REPLACEMENT COST ENTRY POINT UNDER $45/NRSF // Amenities at both locations include gated digital access, video surveillance, concrete drives, and roll-up doors. There is a full service manager

Market Context

This commercial property in Texarkana, AR is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing commercial property assets. The building dates to 1977. Compare it against other commercial property listings for sale in Texarkana, AR — view the full market.

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