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Self-Storage Facility

Abbeville, LA Storage Facility and Warehouse Conversion

2211 Richard St, Abbeville, LA 70510

Listing Price: $750,000

Cap Rate
4.42%
Number of Units
165
Occupancy
57.0%
Rentable SF
21,020
Price/Rentable SF
$35.68
Year Built
1980

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Abbeville, LA Storage Facility Warehouse Conversion. This facility was built in the early 1980s and currently features 114 non climate controlled units and 1 apartment totaling at 14,420 net rentable square feet. There are plans to add 50 climate controlled units by converting a warehouse that would total 6,600 net rentable square feet. Abbeville, LA Storage Facility Warehouse Conversion sits on 3.57 acres of land and is located about 18 miles south of Lafayette, Louisiana.

Investment Highlights

  • Abbeville, LA Self Storage Offering
  • Mostly Built in the Early 1980s, Two Newer Buildings Built in 1995
  • Small Town Feel Yet has a Growing Population and Positive Job Growth
  • Home of the University of Louisiana with a Vibrant 17,000 Student University Campus

Exclusively Listed By

Financing By

Self-Storage Facility

Abbeville, LA Storage Facility and Warehouse Conversion

Listing Price: $750,000

Cap Rate
4.42%
Number of Units
165
Occupancy
57.0%
Rentable SF
21,020
Price/Rentable SF
$35.68
Year Built
1980

Investment Highlights

  • Abbeville, LA Self Storage Offering
  • Mostly Built in the Early 1980s, Two Newer Buildings Built in 1995
  • Small Town Feel Yet has a Growing Population and Positive Job Growth
  • Home of the University of Louisiana with a Vibrant 17,000 Student University Campus

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Abbeville, LA Storage Facility Warehouse Conversion. This facility was built in the early 1980s and currently features 114 non climate controlled units and 1 apartment totaling at 14,420 net rentable square feet. There are plans to add 50 climate controlled units by converting a warehouse that would total 6,600 net rentable square feet. Abbeville, LA Storage Facility Warehouse Conversion sits on 3.57 acres of land and is located about 18 miles south of Lafayette, Louisiana.

Exclusively Listed By

Financing By

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