174-Unit Self Storage Facility - Secura Self Storage
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2402 West Kingshighway
Paragould, AR 72450
Price:
$1,850,000
Broker(s):
Nathan Eller
Highlights
  • 21,000 CPD
  • Class-A New Construction
  • Located between Lowe's and Walmart
  • Capable of Remote Management
Property Description
This 174 unit, income producing mini storage facility is strategically situated in the core of Paragould adjacent to Walmart and across Hwy 412 from Lowes Home Improvement Center. The storage building sits on 1.54 acres and presents a range of different sized units, as well as options for climate control. This attractive center is brand new construction and currently in the “lease-up” phase. The current occupancy is approximately 40% and the trends point to an occupancy of more than 80% in the next 12 months. This investment opportunity is ideal for someone in a tax exchange or with a significant amount of cash that can stand the next 12 month lease up period in order to achieve a high return. The property also features a state-of-the-art security system that provides ease of mind for its customers.