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For Sale

Price Reduction: 136 Unit Mini-Storage Facility w/Additional Land

106 Elizabeth Dr.,
Saint Martinville, LA 70582

Asset Snapshot

2012
Year Built
1
Floor Count
7
Building Count
95%
Occupancy

Offering Summary

Investment Overview

136 Unit Mini_Storage Facility For Sale - 30 climate controlled units - 106 non-climate controlled units - All units are leased on a month to month basis - Stays 95% fully occupied - $110,000 NOI, 7% Cap Rate, current rental rates are below market value - Low management cost - Well maintained - 1.729 Total Acres - 0.53 Acres included in this sale, can be used for Additional Storage Units. - 309' frontage on Elizabeth Dr. - Flood Zone "X" - no flood - Also Available, 24-Unit Apartment Complex which also includes additional land on Teresa Dr.


Investment Highlights

  • 136 Unit Mini_Storage Facility For Sale
  • - 30 climate controlled units
  • - 106 non-climate controlled units
  • - All units are leased on a month to month basis
  • - Stays 95% fully occupied
  • - $110,000 NOI, 7% Cap Rate, current rental rates are below market value
  • - Low management cost
  • - Well maintained
  • - 1.729 Total Acres
  • - 0.53 Acres included in this sale, can be used for Additional Storage Units
  • - 309' frontage on Elizabeth Dr.
  • - Flood Zone "X" - no flood
  • - Also Available, 24-Unit Apartment Complex which also includes additional land on Teresa Dr.

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,500,000
Asking Price