1850 LA-34 - Warehouse FOR SALE


Montgomery, LA 71454
$175,000 USD
318-370-6799
1850 LA-34, Montgomery, LA for Sale
$175,000 USD
Warehouse - FOR SALE
1/5
null | 9% Cap Rate

NEW


1850 LA-34
Montgomery, LA 71454


HIGHLIGHTS

  • Corner Lot

OVERVIEW

This 23-unit self-storage property in Montgomery, Louisiana provides steady cash flow, consistent occupancy, and expansion upside. The facility offers 2,550 square feet of rentable storage across four unit sizes (5x5, 5x10, 10x10, and 10x15). Occupancy has averaged ~81% over the past 18 months and is currently 83%, demonstrating stable tenant demand. Additionally, the property generates consistent lot rent income from a tenant-owned mobile home on-site, with the tenant responsible for their own utilities. The 1.78-acre parcel features gravel drive access and ample open land, creating excellent potential for future expansion or additional income streams. Two security cameras provide added oversight and tenant confidence. This facility is attractively priced for investors seeking immediate cash flow with room for growth.

FOR SALE DETAILS

PRICE

$175,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Montgomery Self Storage

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

Water, Sewer

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.78

LAND SF

77,537

ZONING

-

APN/PARCEL ID

0700052190

ASK ABOUT THIS PROPERTY

James RoweLife House Properties LLCMore Info
318-370-6799

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James RoweLife House Properties LLCMore Info
318-370-6799

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