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
$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