81694 LA-21 - Self-Storage Facilities FOR SALE


Bush, LA 70431
$400,000 USD
985-845-2001
81694 LA-21, Bush, LA for Sale
$400,000 USD
Self-Storage Facilities - FOR SALE
1/12
null | Request Cap Rate

81694 LA-21
Bush, LA 70431


HIGHLIGHTS

  • Established self-storage facility with approximately 61 units.
  • Approximately 1.48–1.49-acre site along Highway 21.
  • Approximately 75% occupancy at the time of marketing.
  • Fully fenced facility with graveled drive lanes.

OVERVIEW

Exceptional chance to purchase an existing storage unit facility in St. Tammany Parish. The property features 61 units of varying sizes. The property is fully fenced and graveled in the lanes. There are spaces for RV/boat storage and an outbuilding that has been continuously rented over the years. HC-2 zoning. Excellent visibility in Bush. There is room to grow with the land that is included in the purchase (it is 1.49 acres total). The next ownership will need new management. There is electricity and water from the well already run to the outbuilding. Storage units are currently 55% rented. Huge value add opportunity! With some improvements, this facility could reach stability. Please reach out to Taylor for financial details.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$35 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,447 SF

ZONING

HC-2

APN/PARCEL ID

73210

ASK ABOUT THIS PROPERTY

Taylor WagerColdwell Banker Commercial TEC RealtorsMore Info
985-845-2001

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Taylor WagerColdwell Banker Commercial TEC RealtorsMore Info
985-845-2001

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