Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2003
Sq.Footage
7,800
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Features
Level, Sloped
-
Lot Size(acres)
0.93
-
Property Type
Commercial Sale
-
Property Sub Type
Business
Price
-
Sales Price
$340,000
-
Tax Amount
1877.9
-
Sq. Footage
7, 800
-
Price/SqFt
$43
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
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Location
County
Craighead
Elementary School
Middle School
High School
Listing Courtesy of Chris McAdams , Crye-Leike Realtors Jonesboro
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Branch Broker
RhondaScott
Call Rhonda today to schedule a private showing.

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