Cypress Mini Storage located at 4601 Cypress St, West Monroe, LA 71291 in Ouachita Parish. The facility is situated on approximately 2.1 acres consisting of 199 drive-up units and 21,100 net rentable square feet with approved room to expand. Fully gated & fenced, this facility has gone through a significant management upgrade to bring operations into the 21st century. With no office on-site, the property is well suited for remote-management.
Current occupancy is 74% by area and 61% economic demonstrating a clear path to future income growth with ample room to grow the occupancy and close the economic gap. Cypress Mini Storage achieved average income growth of 4% per month obtaining stabilization in June of 2025. A billboard lease signed in March 2024 adds $4,400 per annum to the opportunity with scheduled increases each year though 2034.
Other income-producing value-add opportunities exist with converting the grass parking lot into a 25 x 250 non-climate controlled building, adding an additional 6,250 net rentable square feet. City approvals have been obtained as of October 2025 with the site plan from a local civil engineer included in the sale.
West Monroe – home to the ever-popular Duck Dynasty TV Series – is a bustling community located on Interstate 20, a major US thoroughfare. With a population of 33,068 in a 3-mile radius and 68,195 in a 5-mile radius, the city of West Monroe is known for its long-standing manufacturing, wholesale trade, logistics and transportation sectors.
Priced at $1,400,000, $63.98 per NRSF, investors will have an opportunity to value-add investment with an opportunity to continue the lease up and expand the property by adding 6,250 NRSF. Even without the expansion, an investor will enjoy 9.97% cap rate within a year of acquisition and 12.79% upon the stabilization of the existing unit mix.
