1133 Cottage Dr - Self-Storage Facilities FOR SALE


Houma, LA 70360
$2,700,000 USD
813-668-3039
1133 Cottage Dr, Houma, LA for Sale
$2,700,000 USD
Self-Storage Facilities - FOR SALE
1/4
null | Request Cap Rate

1133 Cottage Dr
Houma, LA 70360


HIGHLIGHTS

  • Click this Link for the Deal: https://www.urowrealestate.com/abcc-storage/

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ABCC Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Self Storage

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

C3

APN/PARCEL ID

60561

ASK ABOUT THIS PROPERTY

Zachary UrowUrow Real EstateMore Info
813-668-3039

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Zachary UrowUrow Real EstateMore Info
813-668-3039

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