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Self-Storage Facility

Lock & Stor Portfolio

1801 Higdon Ferry Rd, Hot Springs, AR 71913

Listing Price: $8,200,000

Cap Rate
6.51%
Number of Units
866
Occupancy
97.0%
Gross SF
138,847
Rentable SF
138,847
Price/Rentable SF
$59.06
Year Built
1996

Investment Overview

Marcus & Millichap is pleased to offer for sale the Lock & Stor Self-Storage Portfolio located in Hot Springs, AR. The portfolio is offered at $8,200,000. The Portfolio is comprised of 7 facilities located within a 10-mile radius. There are 866 self-storage units and 138,847 net rentable square feet combined.

Investment Highlights

  • Hot Springs, Arkansas Self Storage Offering
  • 7-Facility Portfolio
  • 866 Units; 138,847 NRSF Combined
  • 97% Occupied by SF
  • Centralized Management from Single Location, 7 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

Lock & Stor Portfolio

Listing Price: $8,200,000

Cap Rate
6.51%
Number of Units
866
Occupancy
97.0%
Gross SF
138,847
Rentable SF
138,847
Price/Rentable SF
$59.06
Year Built
1996

Investment Highlights

  • Hot Springs, Arkansas Self Storage Offering
  • 7-Facility Portfolio
  • 866 Units; 138,847 NRSF Combined
  • 97% Occupied by SF
  • Centralized Management from Single Location, 7 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 Lock & Stor Self-Storage Portfolio located in Hot Springs, AR. The portfolio is offered at $8,200,000. The Portfolio is comprised of 7 facilities located within a 10-mile radius. There are 866 self-storage units and 138,847 net rentable square feet combined.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s): AR: PB00066390

    Arkansas

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