Storage Near Me - White Oak Crossing
Self Storage Investment Opportunity

INVESTMENT HIGHLIGHTS

Class A, institutional-quality asset located in North Little Rock, AR, a suburb of Little Rock, AR the largest city in Arkansas
Great opportunity to implement professional third party management to accelerate lease up, introduce revenue management and tenant insurance strategies
Strong multi-family and single family residential sub-division growth surrounding the property
Attractive 5-mile trade area demographics - $106,166 average household income

GENERAL DESCRIPTION

Storage Near Me is a 112,585 RSF (39% climate controlled or with interior heat) including 20,595 RSF of fully enclosed parking asset located in North Little Rock, AR, within the Little Rock MSA. The property is located two miles best of I-40 (Hwy 65), one mile east of Maumelle Blvd (Hwy 100) and located in close proximity to surrounding commercial and residential development.

The project’s Phase 1 consisted of 248 units (51,840 RSF) which achieved the below occupancies within the first, 11 months of opening.

May 2023 Phase 1 Occupancy
Physical Occ: 73.69%
Unit Occ: 65.73%
Economic Occ: 65.12%

Argus Info

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