Storage on Broad
18,515 RSF | 122-Unit Texarkana, AR Self Storage Opportunity
Marketing description
Storage on Broad offers a value-add acquisition in Texarkana, Arkansas that includes both climate-controlled storage with Boat/RV parking. The newer climate-controlled conversion completed in 2023 features updated lighting, HVAC, and security cameras with no deferred maintenance or near-term capex required. It is currently set up for efficient remote management and with frontage on Broad Street—one of Texarkana’s primary commercial corridors—the location has strong visibility and provides convenient access for tenants.
The property includes 0.5 acres at the entrance that is currently leased to truckparkingclub.com for tractor & trailer parking but can be used to build additional climate control or conventional drive-up storage. With physical occupancy at 32%, there is significant upside to drive rental growth. The seller is open to creative financing, making this an attractive acquisition for investors seeking a well-maintained, climate-controlled storage facility with expansion potential and flexible deal structuring.
Investment highlights
- Value-add opportunity set up for remote management
- Includes 0.5 acres for additional expansion
- Seller is open to creative financing offers
- Prominent frontage on Broad Street – one of Texarkana’s primary commercial corridors
- Excellent condition with no deferred maintenance or near-term capital expenditure requirements
- Buyer has the option to assume the Seller’s loan from the previous owner at an attractive interest rate
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