402 Section Line Street Malvern, AR 72104

Active

$584,900

Request Info

13,700 sq. ft.
0.78 Acres
Commercial/Industrial
MLS# 24032217

402 Section Line Street, Malvern, AR 72104

Listing provided courtesy of: Real Broker

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Property Details

Description

TURNKEY INVESTMENT!! Self Storage in Malvern, Arkansas, is a prime opportunity. Built in 1994, this well-maintained facility spans 0.78 acres with four buildings totaling 13,700 square feet. With minimal upkeep required, it's a hassle-free investment. Financially, it's solid, generating around $60,000 annually with low operating costs, ensuring stable cash flow. The facility offers various unit sizes and enjoys consistent demand, leading to high occupancy rates. Conveniently located in Malvern, this Self Storage is easy for customers to access with online rental and payment options and reliable drive-up access. This combination of strong performance and low maintenance makes it an attractive addition to any real estate portfolio, offering stability and growth potential. **Agents see Remarks**

General Features
- STYLE Traditional
- Subdivision Malvern Town
- Foreclosure REO NO
- County Hot Spring
- Business Name Ulockit Storage
- Business Type Self Storage
- Area MALVERN
- Annual Taxes 3150
Building Features
- EXTERIOR Modular
- Exterior Features Fully Fenced, Storage Building, Outside Storage Area
- HEATING AIR No Cooling,No Heating
- FLOORS Concrete
- FOUNDATION Slab
- UTILITIES Electric-Municipal
- ROOF Aluminum
- Heated SF 0
Property Features
- Approx Acreage 0.78
- ROAD SURFACE Paved

Contact

David Sutton

Associate

RE/MAX Elite

Mobile Phone: 501-658-7299

Neighborhood

Market Last 30 Days In This Postal Code

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $584,900
11/15/2024 12:26:06 AM	Status Changed Source: Multiple Listing Service	New Value: Active
11/8/2024 2:41:12 PM	Price Reduced Source: Multiple Listing Service	New Value: $584,900	-0.86%
11/8/2024 2:41:12 PM	Status Changed Source: Multiple Listing Service	New Value: Price Change
9/10/2024 3:26:04 AM	Status Changed Source: Multiple Listing Service	New Value: Active
9/3/2024 10:27:00 AM	New in Database Source: Multiple Listing Service	New Value: $590,000

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity? Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerager firms other than RE/MAX Arkansas, are marked with the Broker Reciprocity? logo and information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
Copyright 2024© Arkansas REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data last updated 12/4/2024 10:41:25 AM PST.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.