4840 LA-311 | Houma | LA | 70360
Strong Physical Occupancy Rate: The facility is currently 90.79% physically occupied across 23,075 NRSF.
Demographic Advantage: The property serves a population of 58,650
residents with an average household income of $86,755 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.
Operational Stability with Upside: Current rents average approximately 30% below competing facilities, offering investors an opportunity to enhance revenue through rate adjustments while maintaining high occupancy.
Proximity to Major Retail Corridors: Located within two miles of major retailers including Target, Walmart, Home Depot, Aldi, Lowe’s, and Dollar General.
This is an exclusive opportunity to acquire Southdown Mini Storage, a 23,075 NRSF, featuring 68 drive-up units and 150 climate-controlled units. Southdown Mini Storage offers a plethora of different unit sizes to fit a variety of different client needs.
| Price | $0.00 |
| Price / Unit | $0.00 |
| Gross Rent Multiplier | 0.00 |
| Proposed Loan Amount | $0.00 |
| Initial Investment | $0.00 |
Income | Potential | Current |
Expense | Potential | Current |
Total Expenses | $ 0.00 | $ 0.00 |
| Net Operating Income | $0.00 | $0.00 |
| Less Debt Service | $0 | $0 |
| Potential Net Cash Flow | $0.00 | $0.00 |
| Cash on Cash Return | 0.00 % | 0.00 % |
| Capitalization Rate | 0.00 % | 0.00 % |
| Southdown-Mini-Storage_OM-3.pdf |
| Report_from_Southdown_Mini_Storage_Inc.-3.xlsx |
| Report_from_Southdown_Mini_Storage_Inc.-3.pdf |
| Unit-details-3.docx |
| Unit-Mix-Detail.xlsx |
Unit | BR/BA | Current Monthly Rent | Potential Monthly Rent | Status | Lease Expires | |
Totals | $ 0.00 | $ 0.00 | ||||
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