507 First St Dierks, AR 71833
This exceptional 2023-built mixed-use property in Dierks, Arkansas, presents a lucrative investment opportunity. The property encompasses 5,748 total square feet and features a 24-unit self-storage facility (1,900 sq ft), each unit measuring 8'x10'. The storage units are fully functional and generate a strong income stream. In addition to the storage units, the property includes two mobile homes, each situated on separate lots. The first mobile home, a 2002 model with 4 bedrooms and 3 bathrooms, sits on four lots (one with utility hookups), includes a storage shed and storm shelter, and is currently rented. The second 2002 model mobile home, also a 4-bedroom, 3-bathroom unit (1,904 sq ft), is currently undergoing remodeling and is situated on two lots, also featuring a storage shed. This property offers multiple income streams, making it an attractive investment in Howard County, Arkansas, with the address 507 W 1st St, zip code 71833. The asking price is $259,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.