Property Summary
15,000 NLSF
2021 Cap Rate
6.42%
Y-1 Cap Rate
7.20%
Y-5 Cap Rate
11.16%
Address
101 Terlingua Dr
Hot Springs Village, Arkansas
Pins
552-01044-000, 552-01045-000, 552-01040-000
Overview
Village Self Storage, located in the heart of Hot Springs Village, Arkansas, is comprised of 472 units and 61 parking spaces.
Spanning 6.3 +/- acres, the 60,985 NLSF facility enjoys a 89% physical occupancy and a 87% economic occupancy.
With a strong occupancy, exquisite market location, and room to push ancillary income products (i.e. tenant insurance), this facility is poised for continued growth and future development (15,000 NLSF).