4840 LA-311 - Southdown Mini Storage 23,075 SF Specialty Building Offered at $2,250,000 in Houma, LA 70360

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/southdown-mini-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 90.79% physically occupied across 23,075 NRSF.
- Demographic Advantage: The property serves a population of 58,650 residents with an average household income of $86,755 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.
- Operational Stability with Upside: Current rents average approximately 30% below competing facilities, offering investors an opportunity to enhance revenue through rate adjustments while maintaining high occupancy.
- Proximity to Major Retail Corridors: Located within two miles of major retailers including Target, Walmart, Home Depot, Aldi, Lowe’s, and Dollar General.