A Cajun Mini Storage is a 22,650 NRSF, 238-unit self-storage facility located at 2219 Highway 3185 in Thibodaux, Louisiana. The property features a balanced mix of climate-controlled and drive-up units and is currently 85.2% occupied by square footage (81.5% by units), offering immediate in-place cash flow with clear upside through lease-up and revenue optimization.
Situated on 2.24 acres in Lafourche Parish, the facility benefits from strong visibility and accessibility along LA Highway 3185 within the Houma–Thibodaux corridor. Thibodaux serves as a regional hub anchored by healthcare, education, retail, and service employment, supporting steady demand from residential, commercial, and life-event-driven storage users.
The current rent roll reflects $164,628 in annual in-place rental income, with pro forma gross potential rent projected at $213,840 based on market rental alignment. With surrounding competition largely operated by independent owners, the asset presents a compelling opportunity for professional management, ancillary income implementation (tenant insurance, admin fees, merchandise sales), and structured revenue management to drive NOI growth.
A Cajun Mini Storage offers investors the opportunity to acquire a stabilized, value-add self-storage asset in a proven regional market with strong fundamentals and operational upside.