1851 Excelsior Rd

The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of this Self-Storage opportunity in Greenwood, AR.
Greenwood Self Storage represents an exceptional opportunity to acquire a newly constructed, stabilized self-storage facility in Greenwood, AR. Well-positioned on 2.4 acres at the junction of Highway 10 and Highway 71, the owner-managed facility is comprised of 90 climate-controlled units and 191 standard units. The facility contains 39,575 net rentable square feet covering 282 total storage units. The location comes with an additional 1.0 acre of land providing an additional 22 outdoor Boat/RV parking spaces completed in October 2024 and a currently rented residential home.
Recently constructed in 2023, the facility has exceptional physical occupancy at 85.3% with the current economic occupancy at 76.8%. The phenomenal lease-up and strong economic drivers illustrate the opportunity for an investor to manage rates and consistently increase revenue short term. Likewise, Greenwood is located at the junction of Highway 10 and Highway 71 with construction underway that will more than double the travel capacity of Highway 10 from 2 lanes to 5 lanes by 2026. The expansion will dramatically increase travel volume and curb appeal further allowing a buyer to push revenue over the next several years.
With multiple opportunities for increased growth, Greenwood Self Storage is the elusive, owner-operated property with potential high-level performance. With an outstanding location and the ability to increase effective rents, Greenwood represents an unique opportunity to acquire a turnkey, class-A facility with strong lease-up and strong growth potential.