Simple Storage Lafayette MSA

Investment Overview

SVN and SelfStorageSales.com are pleased to offer for sale Simple Storage in the Lafayette MSA. Lafayette is the fastest growing area in Louisiana. The facility is located in the Heart of the Abbeville retail area- just behind Walgreens and next door to a nursing home and apartment complex! The property is fully fenced, set up on a remote management system and has a manual gate. This is a value-add self-storage facility featuring 22,100 SF which is 12,400 SF of non-climate storage, a brand new 8,200 SF warehouse conversion featuring 67 Climate controlled units, plus a 1,500 SF 3 bedroom apartment. . There is a low saturation rate of 6.7 SF/Capita for Self-Storage within a 5-Mile Radius. With the prime location and the conversion opportunity, this property has great potential!

Investment Highlights

• Brand New Conversion of 8200 sqft to Climate Control Storage 67 units!
• Set up on Remote Management
• Located just off Veterans Memorial Drive with 17,000 cars/day
• 15,000 people in a 3 mile radius