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Self-Storage Facility

Rosepine Self-Storage

7627 Memorial Rd, Rosepine, LA 70659

Listing Price: $620,000

Cap Rate
7.57%
Number of Units
63
Occupancy
88.9%
Rentable SF
5,950
Price/Rentable SF
$104.20
Year Built
1998

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Rospine Self-Storage in Rospine, LA. This facility is located at 7627 Memorial Rd, Rospine LA 70659 with 63 Drive-Up units totaling 5,950 net rentable square feet. There is additional income driven by 4 mobile home lots and 1 mobile home. This is a stabilized cash flowing facility that is currently 89 percent physically occupied. The location of this facility benefits from a low saturation in 3-mile radius of 6.8 SF/Capita, 5-mile radius of 7.7 SF/Capita, and 10-mile radius of 8.3 SF/Capita. This facility would be great for a new self-storage investor or an owner operator with additional locations to add to existing portfolio for brand exposure.

Investment Highlights

  • 89% Physically Occupied
  • Supply Index in a 3-mile radius of 6.8 SF/Capita, 5-mile radius of 7.7 SF/Capita, and 10-mile radius of 8.3 SF/Capita
  • Additional Income generated from 4 mobile home lots and 1 mobile home

Exclusively Listed By

Financing By

Self-Storage Facility

Rosepine Self-Storage

Listing Price: $620,000

Cap Rate
7.57%
Number of Units
63
Occupancy
88.9%
Rentable SF
5,950
Price/Rentable SF
$104.20
Year Built
1998

Investment Highlights

  • 89% Physically Occupied
  • Supply Index in a 3-mile radius of 6.8 SF/Capita, 5-mile radius of 7.7 SF/Capita, and 10-mile radius of 8.3 SF/Capita
  • Additional Income generated from 4 mobile home lots and 1 mobile home

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Rospine Self-Storage in Rospine, LA. This facility is located at 7627 Memorial Rd, Rospine LA 70659 with 63 Drive-Up units totaling 5,950 net rentable square feet. There is additional income driven by 4 mobile home lots and 1 mobile home. This is a stabilized cash flowing facility that is currently 89 percent physically occupied. The location of this facility benefits from a low saturation in 3-mile radius of 6.8 SF/Capita, 5-mile radius of 7.7 SF/Capita, and 10-mile radius of 8.3 SF/Capita. This facility would be great for a new self-storage investor or an owner operator with additional locations to add to existing portfolio for brand exposure.

Exclusively Listed By

Financing By

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