Skip to main content

Self-Storage Facility

Storage Plus of Texarkana Portfolio

2113 E Broad St, Texarkana, AR 71854

Listing Price: $2,500,000

Cap Rate
5.55%
Number of Units
330
Occupancy
64.0%
Gross SF
55,845
Rentable SF
55,845
Price/Rentable SF
$44.77
Year Built
1977

Investment Overview

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

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Self-Storage Facility

Storage Plus of Texarkana Portfolio

Listing Price: $2,500,000

Cap Rate
5.55%
Number of Units
330
Occupancy
64.0%
Gross SF
55,845
Rentable SF
55,845
Price/Rentable SF
$44.77
Year Built
1977

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

Investment Overview

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.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

MM Texture Background
MM Textured Background Lower