Published on: Tuesday, November 19, 2024
Updated on: Tuesday, November 19, 2024
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About the Lister
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Name: TaMara Jones
Company: Calvary Realty
Office Phone: (310)619-0244
Cell Phone: (310)619-0244
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Financing  Business  Material
  Executive Climate Control Mini Storage
708 N 29th St Monroe Louisiana , 71201
708 N 29th St Monroe Louisiana                                                                                           , 71201Calvary Realty
Listing ID: CL-Louisiana-12855

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 8.35
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Louisiana-12855
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1984
Building Size: 21,720.00 SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Calvary Realty is proud to present Executive Self Storage, a prime storage investment opportunity located in Monroe, LA, within the thriving Monroe Metropolitan Statistical Area.
Complete Details
Year Build: 1984
Building Size: 21,720
No of Stories: N/A
Total Lot Area: N/A SqFt.
No of Parking: N/A
No of Total Units: 124
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me". Calvary Realty is proud to present Executive Self Storage, a prime storage investment opportunity located in Monroe, LA, within the thriving Monroe Metropolitan Statistical Area. Positioned at 708 N 29th St, this facility offers excellent potential in a market with a metro population of 221,885. Featuring 21,720 rentable square feet, including 14,977 enclosed and 6,743 unenclosed square feet, the property sits on 1.38 acres with 124 storage units and a 79% physical occupancy rate. Originally built in 1984, the facility benefits from light industrial zoning and presents expansion opportunities, further enhancing its revenue potential. Positioned near the highly accessible US Highway 165, Executive Self Storage is located in one of the largest cities in Louisiana, offering proximity to local amenities and key institutions like the University of Louisiana Monroe. This adds to the demand for storage units from both residents and businesses. The facility has climate control units, ensuring tenants can store their goods in optimal conditions, and is managed on-site with Web Self Storage software, allowing for easy management and tenant interface. In addition to its core services, the property generates ancillary income through U-Haul rentals and box sales, making it a diversified source of revenue. With good visibility and a strong local reputation, evidenced by a 4.2-star Google rating, Executive Self Storage is positioned for continued growth and success in the competitive Monroe market. Its current pricing guidance is set at $2,600,000, reflecting a cap rate of 8.35% and a price per square foot of $173.60. This property offers a unique chance to invest in a high-demand urban area with substantial growth potential.
Additional Properties
Property Highlights
  • Expansion Potential
  • Climate Control Units
  • Top 100 U-Haul Dealer in North America
  • Income from U-Haul Truck Rental & Box Sales
  • Good Visibility & Traffic Count
  • 4.2 Star Google Rating
  • 9th Largest City in Louisiana
  • 200K+ Metro Population
  • On-Site Manager
  • Home to the University of Louisiana Monroe
Features
  • Acreage : 1.38
Listing Location
Attached Documents
  • Download | APN-33043-pdf.pdf ( 206.89KB)
  • Download | Box-Sales-Uhaul-Commissions-Storage-Revenue-Report-pdf.pdf ( 1,173.10KB)
  • Download | CashDrawerSummary-20240624103140-pdf.pdf ( 1,284.46KB)
  • Download | CashDrawerSummary-20240812132035-pdf.pdf ( 927.08KB)
  • Download | CashDrawerSummary-20240812132119-pdf.pdf ( 507.08KB)
  • Download | Expenses-heic.heic ( 79.58KB)
  • Download | FacilityUtilizationSummary-20240624103555-pdf.pdf ( 34.36KB)
  • Download | ManagementSummary-20240624104225-pdf.pdf ( 59.95KB)
  • Download | ManagementSummary-20240812132814-pdf.pdf ( 60.52KB)
  • Download | ManagementSummary-20240812132843-pdf.pdf ( 60.48KB)
  • Download | OccupancyOverview-20240624103912-pdf.pdf ( 45.43KB)
  • Download | OccupancyVacancy-UnitMix-20240624104127-pdf.pdf ( 68.70KB)
  • Download | OccupancyVacancy-UnitMix-20240812132315-pdf.pdf ( 67.75KB)
  • Download | OM-Executive-Climate-Control-Mini-Storage-Monroe-Louisiana-pdf.pdf ( 5,396.09KB)
  • Download | Pre-PaidCustomers-20240812111730-pdf.pdf ( 36.66KB)
  • Download | RetailPriceList-20240812133046-pdf.pdf ( 35.90KB)
  • Download | SecurityDeposits-20240812111919-pdf.pdf ( 29.42KB)
  • Download | UnitPriceList-20240624104347-pdf.pdf ( 39.72KB)
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