106 Elizabeth Dr - Self-Storage Facilities FOR SALE


Saint Martinville, LA 70582
$1,500,000 USD
225-766-0000
106 Elizabeth Dr, Saint Martinville, LA for Sale
$1,500,000 USD
Self-Storage Facilities - FOR SALE
1/19
null | 7.33% Cap Rate

106 Elizabeth Dr
Saint Martinville, LA 70582


HIGHLIGHTS

  • Additional Land Included
  • 309' Frontage on Elizabeth Dr.
  • Flood Zone "X"

OVERVIEW

136 Unit Mini_Storage Facility For Sale - 30 climate controlled units - 106 non-climate controlled units - All units are leased on a month to month basis - Stays 95% fully occupied - $110,000 NOI, 7% Cap Rate, current rental rates are below market value - Low management cost - Well maintained - 1.729 Total Acres - 0.53 Acres included in this sale, can be used for Additional Storage Units - 309' frontage on Elizabeth Dr. - Flood Zone "X" - no flood - Also Available, 24-Unit Apartment Complex which also includes additional land on Teresa Dr.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

7.33%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

136 Unit Mini-Storage Facility w/Addit'l Land

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,315 SF

ZONING

C-3

APN/PARCEL ID

15801B2331,15801B2633,15801B2930

ASK ABOUT THIS PROPERTY

Mike StinsonSaurage Rotenberg Commercial Real EstateMore Info
225-766-0000

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Mike StinsonSaurage Rotenberg Commercial Real EstateMore Info
225-766-0000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.