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$ 340,000
Est. payment | /mo
7,800 SqFt
$ 340,000
Est. payment | /mo
7,800 SqFt
Key Details
Property Type Commercial
Sub Type Business, Bldg and Land
Listing Status Active
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $43
MLS Listing ID 25029853
Year Built 2003
Tax Year 2023
Lot Size 0.930 Acres
Acres 0.93
Property Sub-Type Business, Bldg and Land
Property Description
Income-Producing Storage Facility with Expansion Potential - 80% Occupancy! This is your chance to own a thriving storage business with immediate cash flow and long-term growth potential. Situated on just under 1 acre, this well-maintained and fully fenced property currently features 40 storage units with a strong 80% occupancy rate, plus 9 additional parking spaces available for rent perfect for RVs, trailers, or boats. The existing units are in high demand and offer a variety of sizes to accommodate different storage needs: 7 - 10x10 units, 16 - 10x15 units, 8 - 10x20 units, 5 - 12x20 units, 3 - 10x30 units, and 1 - 20x30 unit Beyond its current cash flow, this property truly shines with its built-in expansion opportunity. Only half an acre is currently developed, leaving approximately half an acre of flat, buildable land ready for additional buildings or storage units! A huge value-add for investors looking to increase revenue and boost ROI. Recent upgrades have been made throughout the facility, and the property features a modern 24/7 surveillance security system, ensuring tenant safety and peace of mind.
Location
State AR
County Craighead
Area Craighead County
Interior
Flooring Concrete
Exterior
Exterior Feature Fully Fenced
Parking Features 1 - 10 Spaces, Gravel
Garage Spaces 9.0
Utilities Available Electric-Municipal
Roof Type Metal
Building
Lot Description Sloped, Level
Foundation Slab
New Construction No
Listed by Crye-Leike Realtors Jonesboro • Chris McAdams
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Westgate Realty
Broker | License ID: 2019046646