Commercial, Storage Facility - Arkadelphia, AR
Located on approx. 2.05 ACRES, just off Country Club Road on Thompson Road (the road leading to the NEW Arkadelphia Parks & Recreation Dept. Ball Fields) located alongside Interstate 30 --- North of Country Club Road. This 2.05 ACRES measures 132' x 678' and includes the 50' road easement (part of Thompson Road).
DOC'S U-LOCK STORAGE is comprised of a 40' x 100' metal warehouse, on slab, with 24 STORAGE UNITS, built in 1984 --- all with overhead garage door 'access' doors. There are ten, 10' x 10' units. There are twelve, 10' x 20' units. And there are two, 10' x 30' units. Presently the 10' x 10' units rent for $35. each, and the 10' x 20' units rent for $55. each, and the two, 10' x 30' units rent for $65. each.
When there is 'full occupancy', the monthly, gross, rental income can vary from $970. to $1,140. per month (because some of the tenants have been there A LONG TIME and pay the rate they have always paid --- $5. to $10. less than the present, current monthly rate[s]).
This 40' x 100' metal warehouse measures 4,000 SQ. FT., total.
Plus, there's a separate, detached, metal-sided, GARAGE STRUCTURE (30' x 40') on slab, measuring 1,200 SQ. FT.
This building has a tall ceiling and one set of tall, sliding, access doors that allow a recreational vehicle -or- a barge -or- anything equally as large 'come through the doors' and be parked inside the building. So there's THAT INCOME, also, per month --- depending on who -or- what rents this GARAGE STRUCTURE.
And there's extra space on this approx. 2.05 ACRES to build a few more units. You may need to employ a bulldozer with operator to 'ready the ground' for future expansion --- if that sounds interesting to any Investors considering DOC'S U-LOCK STORAGE, as a future, potential investment.
Priced to sell at $114,750.! Drive by anytime and check it out --- tenants of this 24-UNIT facility have 'round the clock' access to their rented storage units.
See a 29-photo, VISUAL TOUR of this 24-UNIT STORAGE FACILITY at www.ezmls.com (Listing ID: C37761).
Call Wes Reeder, cell 870-210-1020, at Reeder Realty, office 870-246-2406 for information about this Investment opportunity.