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Self-Storage Facility

U Store It Self Storage Portfolio

566 Files Rd, Hot Springs, AR 71913

Listing Price: $8,800,000

Cap Rate
6.29%
Number of Units
814
Occupancy
97.0%
Gross SF
164,985
Rentable SF
164,985
Price/Rentable SF
$53.34
Year Built
2006

Investment Overview

Marcus & Millichap is pleased to offer for sale the U Store It Self Storage Portfolio located in Hot Springs, AR. The Portfolio is offered at $8,800,000. The Portfolio is comprised of 7 facilities located primarily within a 10-mile radius, with one facility approximately 15 miles away. There are 814 self storage units and 164,985 net rentable square feet combined. In addition, 5 of the facilities have uncovered vehicle parking and/or yard storage available.

Investment Highlights

  • Hot Springs, Arkansas Self Storage Offering
  • 7-Facility Portfolio
  • 814 Units; 164,985 NRSF Combined, 97% Occupied by SF
  • Centralized Management from Single Location
  • 6 Locations Within 10 Mile Radius
  • Popular Tourist Destination with Over 2.1 Million Visitors Annually
  • 60 Miles Southwest of Little Rock National Airport

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s) AR: PB00066390

    Arkansas

Self-Storage Facility

U Store It Self Storage Portfolio

Listing Price: $8,800,000

Cap Rate
6.29%
Number of Units
814
Occupancy
97.0%
Gross SF
164,985
Rentable SF
164,985
Price/Rentable SF
$53.34
Year Built
2006

Investment Highlights

  • Hot Springs, Arkansas Self Storage Offering
  • 7-Facility Portfolio
  • 814 Units; 164,985 NRSF Combined, 97% Occupied by SF
  • Centralized Management from Single Location
  • 6 Locations Within 10 Mile Radius
  • Popular Tourist Destination with Over 2.1 Million Visitors Annually
  • 60 Miles Southwest of Little Rock National Airport

Investment Overview

Marcus & Millichap is pleased to offer for sale the U Store It Self Storage Portfolio located in Hot Springs, AR. The Portfolio is offered at $8,800,000. The Portfolio is comprised of 7 facilities located primarily within a 10-mile radius, with one facility approximately 15 miles away. There are 814 self storage units and 164,985 net rentable square feet combined. In addition, 5 of the facilities have uncovered vehicle parking and/or yard storage available.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s): AR: PB00066390

    Arkansas

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