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3900 Arkansas Blvd 17,700 SF Specialty Building Offered For Sale in Texarkana, AR 71854
EXECUTIVE SUMMARY
INVESTMENT DESCRIPTION
Boulevard Storage is a revived self-storage facility that was
expanded in 2023 with climate units. It is a turn-key facility in
Texarkana, AR. It offers 27,795 RSF +/- of storage in 143 drive-up
units and 73 indoor climate-controlled units. In addition, outdoor
parking has been constructed for 18 rentable spaces to
accommodate autos, boats, and RVs.
The 73 climate units were added in 2023 and 2024 through both a
warehouse conversion and a newly constructed expansion building.
A new owner can take this facility to new heights by increasing
rates to market level and continuing the lease-up of the facility.
INVESTMENT HIGHLIGHTS
Below market rents
Large percentage of renters in the market (over 50%)
Newly constructed gate and climate building (2023)
Extensive capital improvements
Turn-key third-party managed facility for easy transition
Boulevard Storage is a revived self-storage facility that was
expanded in 2023 with climate units. It is a turn-key facility in
Texarkana, AR. It offers 27,795 RSF +/- of storage in 143 drive-up
units and 73 indoor climate-controlled units. In addition, outdoor
parking has been constructed for 18 rentable spaces to
accommodate autos, boats, and RVs.
The 73 climate units were added in 2023 and 2024 through both a
warehouse conversion and a newly constructed expansion building.
A new owner can take this facility to new heights by increasing
rates to market level and continuing the lease-up of the facility.
INVESTMENT HIGHLIGHTS
Below market rents
Large percentage of renters in the market (over 50%)
Newly constructed gate and climate building (2023)
Extensive capital improvements
Turn-key third-party managed facility for easy transition
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 3.02 AC |
| Sale Condition | 1031 Exchange | Building Size | 17,700 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built/Renovated | 1984/2022 |
| Building Class | C | Parking Ratio | 1.3/1,000 SF |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 3.02 AC |
| Building Size | 17,700 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1984/2022 |
| Parking Ratio | 1.3/1,000 SF |
AMENITIES
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 00225901 | Improvements Assessment | $176,500 |
| Land Assessment | $55,760 | Total Assessment | $232,260 |
PROPERTY TAXES
Parcel Number
00225901
Land Assessment
$55,760
Improvements Assessment
$176,500
Total Assessment
$232,260
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3900 Arkansas Blvd
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