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$ 325,000
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1523 Highway 9 S Perryville, AR 72126
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business, Bldg and Land
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $81
MLS Listing ID 26035892
Year Built 2022
Lot Size 3.250 Acres
Acres 3.25
Property Sub-Type Business, Bldg and Land
Property Description
This established storage unit business is 100% occupied with a waiting list, demonstrating strong demand and consistent rental income. The property currently includes 42 units divided equally between 2 buildings: four 5x10 units and thirty-eight 10x10 units. The 10x10 units offer additional flexibility, with the ability to combine two adjoining units into a 10x20 unit when back-to-back vacancies occur. The rear portion of the property is already cleared, providing potential for future expansion and additional storage units, subject to applicable approvals. Current gross annual rental income is approximately $38,400, with reported annual expenses of approximately $2,400, producing an estimated $36,000 NOI. A turnkey investment with established occupancy, a waiting list, and room for future growth.
Location
State AR
County Perry
Area Perry County
Interior
Heating None
Flooring Concrete
Exterior
Exterior Feature Storage Building
Parking Features Gravel
Garage Spaces 10.0
Roof Type Metal
Building
Lot Description Level, Rural Property, Wooded, Cleared, Out of City, River/Lake Area
Foundation Slab
New Construction No
Listed by CMR Real Estate, LLC • Casey A Rucker
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