11771 Us 49 Brookland, AR 72417
- Self storage facilities
- 2.40 lot acres
Current Use by Public Records
- Self storage facilities
Property Details for 11771 Us 49
- Year built
- 2023
- Lot size
- 2.40 lot acres
- Property type
- Self storage facilities
Description
This exceptional 20,400-square-foot self-storage facility in Brookland, Arkansas, presents a compelling investment opportunity. Built in 2023, the property boasts 142 units and sits on a 2.4-acre lot at 11771 US 49, Brookland, AR 72417. Currently operating at 57% unit occupancy and 55% economic occupancy, this facility offers significant potential for growth. The property's strategic location within a thriving area, boasting a median household income exceeding $75,000 within a 5-mile radius, ensures strong demand. Projected population growth in the area further supports the property's long-term viability and potential for increased occupancy and revenue. The asking price is $1,300,000. The property's new construction and ample space provide room for expansion, allowing for future unit additions and further revenue generation. This presents a rare chance to acquire a high-performing asset with substantial upside in a rapidly developing market. The property is ideally positioned to capitalize on the area's positive growth trajectory.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brookland
- County
- Craighead
- State
- Arkansas
- Longitude
- -90.57
- Latitude
- 35.9594
