Services - Storage & Warehousing

Asking Price	$860,000	Inventory
Gross Income	$69,592	Real Estate
Cash Flow	Not Disclosed	Year Established	1973
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

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*$20.00 psf price *Marketing upside potential *Facility upgrade potential This is a 2-Property Portfolio. The first property in this portfolio, S. Lake Drive Colonial Self Storage, is located on the Southern portion of the Texarkana market. The facility is made of heydite block and asphalt drives. There currently is a manager s apartment and office onsite. The property adjacent to this site is available for sale should the owner desire additional land for expansion. The Lake Drive facility is well located at the intersection of Robison and Lake with excellent visibility. The second property, Hampton Road Colonial Self Storage is located in the Northern part of Texarkana. This portion of the city has seen significant development in recent times. The property consists of 28,620 RSF of non-climate self storage and 213 units. The construction is block with asphalt drives and features a manager s office. Due to the close proximity of this location to the Lake Drive facility (7.8 miles) one manager could oversee both locations and thereby reduce the monthly expenses. This property is being marketed at a price where the investor can take advantage of the upside potential of owning two facilities in one market thereby gaining savings of sharing expenses across two locations.

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Growth/Expansion: No land available for expansion.