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4840 LA-311 - Southdown Mini Storage 23,075 SF Specialty Building Offered For Sale in Houma, LA 70360
INVESTMENT HIGHLIGHTS
- Click this Link for the Deal: https://www.urowrealestate.com/southdown-mini-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/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.
- 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.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Sale Type | Investment | Building Size | 23,075 SF |
| Property Type | Specialty | No. Stories | 1 |
| Building Class | B | Year Built | 1997 |
| Lot Size | 1.21 AC | ||
| Zoning | TPCG - Terrebonne Parish Consolidated Government | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 1.21 AC |
| Building Size | 23,075 SF |
| No. Stories | 1 |
| Year Built | 1997 |
| Zoning | TPCG - Terrebonne Parish Consolidated Government |
AMENITIES
- Wheelchair Accessible
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 42902 | Improvements Assessment | $99,840 |
| Land Assessment | $8,000 | Total Assessment | $107,840 |
PROPERTY TAXES
Parcel Number
42902
Land Assessment
$8,000
Improvements Assessment
$99,840
Total Assessment
$107,840
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4840 LA-311 - Southdown Mini Storage
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