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Self-Storage Facility

Spaces Storage

1700 Brookwood Dr, Little Rock, AR 72202

Listing Price: $14,475,000

Cap Rate
5.75%
Number of Units
589
Occupancy
96.0%
Rentable SF
69,113
Price/Rentable SF
$209.44
Year Built
2018

Investment Overview

Marcus & Millichap is pleased to offer for sale Spaces Storage located in Little Rock, Arkansas. This stabilized, class A facility features 544 climate controlled units and 45 non-climate controlled units totaling 69,113 net rentable square feet. The site was built in 2018, is currently 96% occupied, and sits on 2.25 acres of land. The facility has great visibility along Brookwood Drive and sits in a dense area with a well above average household income within a one mile radius of the site.

Investment Highlights

  • Little Rock, Arkansas MSA Class A Stabilized Self Storage Facility
  • 69,113 Net Rentable Square Feet
  • 544 Climate Controlled Units | 45 Non-Climate Controlled Units
  • 96.30 Percent Physical Occupancy

Exclusively Listed By

Broker of Record

  • Steve Greer

    Agent Candidate

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Financing By

Self-Storage Facility

Spaces Storage

Listing Price: $14,475,000

Cap Rate
5.75%
Number of Units
589
Occupancy
96.0%
Rentable SF
69,113
Price/Rentable SF
$209.44
Year Built
2018

Investment Highlights

  • Little Rock, Arkansas MSA Class A Stabilized Self Storage Facility
  • 69,113 Net Rentable Square Feet
  • 544 Climate Controlled Units | 45 Non-Climate Controlled Units
  • 96.30 Percent Physical Occupancy

Investment Overview

Marcus & Millichap is pleased to offer for sale Spaces Storage located in Little Rock, Arkansas. This stabilized, class A facility features 544 climate controlled units and 45 non-climate controlled units totaling 69,113 net rentable square feet. The site was built in 2018, is currently 96% occupied, and sits on 2.25 acres of land. The facility has great visibility along Brookwood Drive and sits in a dense area with a well above average household income within a one mile radius of the site.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Agent Candidate

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

Financing By

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