Total Self Storage of Bentonville in Ark., sold in September for $2.4 million at a 6.9 percent cap rate on trailing 12 months income.
Built in 2004, Total Self Storage of Bentonville is comprised of 81,715 rentable square feet with 447 units. It’s located in a growing community in northwest Arkansas.
Larry Goldman, of RE/MAX Best Associates, represented the seller. Goldman is a member of the Argus Self Storage Sales Network, a Denver-based network of 36 real estate broker affiliates experienced in self-storage and income property investments.