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1133 Cottage Dr - ABCC Storage 24,829 SF Specialty Building Offered at $2,700,000 in Houma, LA 70360
Investment Highlights
- Click this Link for the Deal: https://www.urowrealestate.com/abcc-storage/
Executive Summary
HOW TO REGISTER:
- Go to www.urowrealestate.com
- Click Login on the Top Right of the Screen
- Press Register
- Enter Your Contact Information
-Once Your Account is Approved, You Will Receive an Email
START HERE IF YOU ALREADY HAVE AN EXISTING ACCOUNT:
- After Your Registration is Completed, Click this Link for the Deal: https://www.urowrealestate.com/abcc-storage/
- Click "Documents" Above Pictures, or "Financial Documents" to the Right of Pictures, to Execute a Confidentiality Agreement and Access the Deal Room with the OM and Financials
Note: For an instructional video on activating your account, navigating the website, and resetting your password, please see: https://www.youtube.com/watch?v=dt4PI7BkMo0&ab_channel=PerePascual
INVESTMENT HIGHLIGHTS:
- Strong Physical Occupancy Rate: The facility is currently 97.6% physically occupied, providing consistent in-place cash flow and stable returns for investors.
- Demographic Advantage: The property serves a population of over 40,000 residents wi an average household income of $71,058 within a 5-mile radius.
- Strategic Location with High Traffic: Positioned along a corridor with an annual average daily traffic count of 14,500 vehicles, the facility benefits from strong visibility and accessibility.
- Operational Stability with Upside: Current rents show room for growth relative to market averages, offering investors an opportunity to enhance revenue through rate adjustments while maintaining high occupancy.
- Regional Economic Support: The Houma-Thibodaux MSA has a $6 billion annual GDP and is anchored by resilient industries including energy, shipbuilding, healthcare, and retail.
- Go to www.urowrealestate.com
- Click Login on the Top Right of the Screen
- Press Register
- Enter Your Contact Information
-Once Your Account is Approved, You Will Receive an Email
START HERE IF YOU ALREADY HAVE AN EXISTING ACCOUNT:
- After Your Registration is Completed, Click this Link for the Deal: https://www.urowrealestate.com/abcc-storage/
- Click "Documents" Above Pictures, or "Financial Documents" to the Right of Pictures, to Execute a Confidentiality Agreement and Access the Deal Room with the OM and Financials
Note: For an instructional video on activating your account, navigating the website, and resetting your password, please see: https://www.youtube.com/watch?v=dt4PI7BkMo0&ab_channel=PerePascual
INVESTMENT HIGHLIGHTS:
- Strong Physical Occupancy Rate: The facility is currently 97.6% physically occupied, providing consistent in-place cash flow and stable returns for investors.
- Demographic Advantage: The property serves a population of over 40,000 residents wi an average household income of $71,058 within a 5-mile radius.
- Strategic Location with High Traffic: Positioned along a corridor with an annual average daily traffic count of 14,500 vehicles, the facility benefits from strong visibility and accessibility.
- Operational Stability with Upside: Current rents show room for growth relative to market averages, offering investors an opportunity to enhance revenue through rate adjustments while maintaining high occupancy.
- Regional Economic Support: The Houma-Thibodaux MSA has a $6 billion annual GDP and is anchored by resilient industries including energy, shipbuilding, healthcare, and retail.
Property Facts
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Property Taxes
| Parcel Number | 60561 | Improvements Assessment | $71,890 |
| Land Assessment | $22,680 | Total Assessment | $94,570 |
Property Taxes
Parcel Number
60561
Land Assessment
$22,680
Improvements Assessment
$71,890
Total Assessment
$94,570
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1133 Cottage Dr - ABCC Storage
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