CubeSmart Self Storage (managed)
1512 Southern Branch Dr,
Jonesboro, AR 72404
 
$7,000,000
Price
$18,041
Price Per Unit
388
Number of Units
$124
Price PSF
56,229
Rentable Square Feet
5.42
Land Acres
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$7,000,000
Price
$18,041
Price Per Unit
388
Number of Units
$124
Price PSF
56,229
Rentable Square Feet
5.42
Land Acres
Strong Investment Potential
56,229 NRSF / 359 Climate Controlled Units / 29 Covered Parking Spaces
Value add through lease up / Opportunity to purchase additional land for a future expansion
Class A self-storage facility with high demand located in the Southern Hills planned development with numerous commercial and residential developments Class A Multifamily apartment complex will be built on the parcel to the North as well as a grocery store will be built in the Southern Hills planned development
Ability to achieve an 8.88% cap rate at stabilization with a 12.77% cash on cash return
Positioned in a growing market supported by a diverse economic base and university presence with Arkansas State Strong visibility and accessibility, just minutes from US-63
Prime Jonesboro Location
Conveniently situated in the vibrant Jonesboro area, easily accessible from US-63
Close proximity to Arkansas State University, a major educational and cultural hub
Growing Jonesboro market with strong residential, commercial, and student demand driving consistent storage needs
FOR MORE DETAILS CONTACT
Michael Morrison
Broker-In-Charge
(803) 600-0602
Michael@SuperiorCapitalAdvisors.com
SC:58247,NC:360061,GA:283465,MS:C-24484
Matt Porter
Managing Broker
(601) 214-8146
Mporter@superiorcapitaladvisors.com
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