This Industrial Property is Off-Market.

8118 Sulphur Springs Road
Pine Bluff, AR 71603 ·

8,183 SF · Industrial For Sale

N/A

Print

Better Storage Solutions

Price N/A Occupancy 50%
Building Size 8,183 SF Tenancy Multiple
Property Type Industrial Year Built 1995
Property Sub-type Self/Mini-Storage Facility Clear Ceiling Height 10 ft.
Property Use Type Investment Lot Size 2.10 AC
Commission Split 5% Features
  • Fenced Yard
  • Trailer Parking
Cap Rate 12%
Listing ID: 17043114 Date Created: 02/25/2011 Last Updated: 05/11/2011

Description

77 Self Storage Units consisting of 6 buildings of various size units. Property includes 1700 sq.ft. manufactured home used as office/mgrs home, a 5000 sq.ft. metal warehouse of which 1100 sq.ft. is temperature controlled. The metal warehouse is currently rented out at $550 per month. Property has a video monitoring system and 24 hour access. U-Haul rentals has recently been added to generate additional income.

Entire property along with another storage facility (White Hall Better Storage located in White Hall, AR, also listed for sale) are currently leased out on a "master lease" whereby the master tenant pays the rent, taxes and insurance for both properties. The master lease payment covers the loans, taxes and insurance for both properties. Much upside potential with aggressive marketing as occupancy is currently at a low level.

Facility can be sold separately or with the White Hall property.

Located approximately one hour south of Little Rock, the property sits on a major highway leading in and out of Pine Bluff. Highly visible from the street with limited competition. Pine Bluff is home of the University of Arkansas, Pine Bluff. The area is expanding with residential and commercial businesses just outside the city limits.

Utilities

  • Fenced Yard
  • Trailer Parking

Research

8118 Sulphur Springs Road, Pine Bluff, AR 71603 (Jefferson County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Pine Bluff Market Trends - Asking price index trends, sale price trends, asking rent trends

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)