Published on: Wednesday, May 1, 2024
Updated on: Friday, August 15, 2025
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About the Lister
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Name: Brandon Robinson
Company: Calvary Realty
Office Phone: (909)380-0073
Cell Phone: (760)534-8135
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  BLOCK SPACE SOLUTIONS
130 Illinois St, Hot Springs Hot Springs Arkansas , 71901
130 Illinois St, Hot Springs Hot Springs Arkansas , 71901  Calvary Realty
Listing ID: CL-Arkansas-10449

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 0.03
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Arkansas-10449
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: 8,500.00 SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
  • Download | OM___Block_Space_Solutions_Arkansas____2024_.pdf ( 5,117.69KB)
  • Download | Self_Storage_management_quetionnaire_Block_Space_Solutions.pdf ( 407.75KB)
  • Download | Title_Profile.pdf ( 203.07KB)
  • Download | Unit_Mix_and_Revenue_BLOCK_SPACE_SOLUTIONS_ARK.pdf ( 71.27KB)
Listing Summary
Comprising 68 units within 8,500 square feet of enclosed space across two buildings, the property boasts a gross land square footage of 33,933 and occupies 0.78 acres of land
Complete Details
Year Build: N/A
Building Size: 8,500
No of Stories: N/A
Total Lot Area: N/A SqFt.
No of Parking: N/A
No of Total Units: 2
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: C
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

 

John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me"

Calvary Realty is pleased to offer Block Space Solutions Arkansas, a self-storage investment opportunity in Hot Springs, AR.

  • Location: 130 Illinois Street, Hot Springs, AR (part of the 100,089-person Hot Springs Metropolitan Statistical Area).

  • Pricing: $489,000 (just $57.53 per square foot).

  • Proforma Cap Rate: 15.76%.

  • Property Details: 8,500 total square feet, 68 units across two buildings on 0.78 acres.

  • Occupancy: 13% (strong lease-up potential).

  • Market Fundamentals: Low market supply with only 5.5 square feet of storage per capita within a 3-mile radius. The property is visible from Highway 70, which has an 8,100 daily traffic count.

Additional Properties
Property Highlights
  • Number of Storage Units: 68
  • Low Price Per Sq. Ft
  • 4.14 sq. ft. per capita (1 Mile Radius)
  • 11th Most Populous City in Arkansas
  • Recent Capital Improvements
  • Highway Visibility
  • 38,114 Residents
  • Potential for Double Digit Returns
  • Childhood Hometown of President Bill Clinton
  • Adjacent to Hot Springs National Park
  • Home to Multiple Tourist Attractions
Listing Location
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