8888 Faulkner Lake Rd

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8888 Faulkner Lake Rd

North Little Rock, AR 72118
Asking Price
$2.50M
Asset Type
Self-storage
Class
Class B

What's Special

New Offering: Little Rock-North Little Rock-Conway, AR | List Price: $2,500,000 | 33,825 NRSF | Self <p><span style="color: rgba(48, 48, 48, 1)">• Subject Property Is Nearly 50% of the Total Supply Within a 3-Mile Radius</span></p><p><span style="color: rgba(48, 48, 48, 1)">• No Competitors within a 1-Mile Radius</span></p><p><span style="color: rgba(48, 48, 48, 1)">• Favorable Self Storage Supply of 8.13 Net Rentable Square Feet Per Capita Within a Three-Mile Radius</span></p><p><span style="color: rgba(48, 48, 48, 1)">• Subject Property Has Over 1,000ft of Frontage On Hwy 440 (57,000 VPD)</sp

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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631

Location & Travel Times