3116 9Th St, Texarkana, AR 71854
Exceptional investment opportunity in Texarkana, AR. This fee-simple, Class B self-storage facility boasts 45,050 square feet and 325 non-climate controlled drive-up units, currently operating at 96.2% occupancy. Strategically located on US-82 with high daily traffic volume (10,000 vehicles), this all-metal facility benefits from a densely populated residential area and proximity to Texarkana Regional Airport (2.8 miles). Significant upside potential exists through operational improvements. Currently lacking an online presence, implementing online rentals and bill pay could substantially increase revenue. Further revenue growth can be achieved by adjusting street rates (currently 13% below market) and optimizing tenant rates. The existing facility presents a strong foundation for expansion, capitalizing on high market demand. The asking price is $2,950,000, translating to $65.48 per square foot. This property offers a compelling value-add opportunity for an experienced operator seeking to enhance performance and maximize returns. The property is situated at 3116 E 9th St, Texarkana, AR 71854, in Miller County.
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American Mini-Storage Storage Facility
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Sims House Leveling Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.