Danville, AR
$800,000
Dan-Ark Mini Storage is a 19,488 RSF facility that benefits from high occupancy and is ripe for expansion on its 3.29 acres. The first building was built in 1995 and the most recent building was added in 2021.
Competition is very limited in Danville and the property is located in the center of the town. Russellville, AR is only 16 miles away to the north and Hot Springs is 40 miles to the south.
The facility offers an investor the ability to buy a stabilized, existing facility, with potential for expansion, below current replacement costs. There is further significant upside in financial performance, as the Seller’s daughter is not committed to running a storage facility long term.
