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12010 Old Highway 71 S 61,576 SF Specialty Building Offered at $5,878,315 CAD at a 6.15% Cap Rate in Fort Smith, AR 72916
Investment Highlights
- Well-positioned on Hwy 71 in a stable/growing residential corridor with easy access to both I-49 (6,900 VPD) and I-540 (30,000 VPD)
- Value-add opportunities in place:
- Expense recapture opportunities
- The property includes climate-controlled units, non-climate-controlled units, warehouse, and RV covered and uncovered spaces
- On-site management recently added, Below market occupancy in growing corridor
- Expansion space available at expiration of ground lease
Property Facts
| Price | $5,878,315 CAD | Building Class | A |
| Price Per SF | $95.46 CAD | Lot Size | 9.76 AC |
| Sale Type | Investment | Building Size | 61,576 SF |
| Cap Rate | 6.15% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2020 |
| Property Subtype | Self-Storage | Parking Ratio | 0.83/1,000 SF |
| Price | $5,878,315 CAD |
| Price Per SF | $95.46 CAD |
| Sale Type | Investment |
| Cap Rate | 6.15% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | A |
| Lot Size | 9.76 AC |
| Building Size | 61,576 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Parking Ratio | 0.83/1,000 SF |
Amenities
- Signage
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Property Taxes
| Parcel Number | 16874-0000-00004-00 | Improvements Assessment | $755,524 CAD |
| Land Assessment | $81,832 CAD | Total Assessment | $837,356 CAD |
Property Taxes
Parcel Number
16874-0000-00004-00
Land Assessment
$81,832 CAD
Improvements Assessment
$755,524 CAD
Total Assessment
$837,356 CAD
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12010 Old Highway 71 S
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