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299 Hotze Rd Pocahontas, AR 72455

For Sale
$1,299,000

Self-storage facilities with land for expansion in Pocahontas, Arkansas.

Lot size:
1.23 Acres

Property Features for 299 Hotze Rd

General Information

Lot size
1.23 Acres

Source: Franklin Street | Charlotte Agent Joseph (Joe) Lombardo

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Self-Storage Portfolio with Expansion Potential

This offering comprises a value-add self-storage portfolio available at a low basis, including three separate facilities with a total of 230 drive-up, non-climate controlled units. These units provide 43,340 net rentable square feet. The portfolio includes two additional parcels of vacant land totaling 1.99 acres, offering opportunities for future expansion or the addition of outdoor parking rentals. The location in Pocahontas, Arkansas, benefits from a growing population of 11,678 residents within a five-mile radius of the Hotze Road location. Pocahontas is situated in Northeast Arkansas, approximately 90 miles northwest of Memphis, Tennessee, and serves as the county seat of Randolph County, which has a population of 18,907 residents. There is an opportunity to increase revenue through lease-up, stabilization, and maximizing supplemental income streams.
Location Intelligence

Current Use by Public Records

Budget Storage Self-Storage Facility Redskins Storage Self-Storage Facility

Suggested Use

Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Gym & Fitness Pharmacy Storage Facility Discount Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Pocahontas
County
Randolph
State
Arkansas
Longitude
-90.990745
Latitude
36.292198

FAQs

What type of property is this?
Self storage facility - Self-storage facilities with land for expansion in Pocahontas, Arkansas.
Where is this self storage facility located?
The property is located at 299 Hotze Rd Pocahontas, AR.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: - Portfolio of three self-storage facilities with 230 drive-up, non-climate units totaling 43,340 net rentable square feet.; - Opportunity to increase revenue through lease up, stabilization, and maximizing supplemental income streams.; - Includes two additional parcels of vacant land totaling 1.99 acres for future expansion or outdoor parking rentals.
More about this property
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