Investment property with 23 storage units and 2 office/retail units on approx. 0.63 acres +/- (3 parcels). All storage units are currently rented, generating about \$1,100/month. Unit sizes include 5x10, 10x10, and 10x20. The front building totals 2,100 sq ft. One office/retail unit has 3 rooms and a full bathroom with shower. The other has 2 rooms, no bathroom. One unit is used for retail; the other was previously rented for \$500/month with all utilities included. A large interior storage area with roll-up door separates the two units and could be used as a garage or leased for additional income. Great potential for owner-occupant or investor.
Ratcliff is located in Arkansas. Ratcliff, Arkansas has a population of 200. Ratcliff is less family-centric than the surrounding county with 24% of the households containing married families with children. The county average for households married with children is 32.67%.
The median household income in Ratcliff, Arkansas is $43,056. The median household income for the surrounding county is $46,570 compared to the national median of $69,021. The median age of people living in Ratcliff is 37.8 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 27.2 degrees. The average rainfall is approximately 48.4 inches per year, with 2.8 inches of snow per year.
