Skip to main content

Self-Storage Facility

St. Landry Storage - Two Property Portfolio

4048 I-49 Frontage Rd, Opelousas, LA 70570

Listing Price: $21,000,000

Cap Rate
7.12%
Number of Units
971
Occupancy
98.6%
Gross SF
146,645
Rentable SF
146,645
Price/Rentable SF
$143.20
Year Built
2005

Investment Overview

St. Landry Storage Main is a 971-unit, 146,645 net rentable square foot
self-storage facility located in Opelousas, Louisiana. The property sits on
approximately 10.5 acres of land and was constructed in phases between
2005 and 2014. Property contains six single-story self-storage buildings
and a seventh building housing a professional leasing office, oversize
private owners’ office, and employee kitchen.

Investment Highlights

  • STRONG HISTORIC PERFORMANCE // The portfolio is 99 percent occupied despite zero advertising spend.
  • UPSIDE POTENTIAL // Revenue upside via building the expansion building, offering tenant insurance, and implementation of an institutional quality revenue management platform.
  • STRATEGIC LOCATION // Both locations offer strong visibility from Interstate 49 which has 43,705 VPD.

Exclusively Listed By

Self-Storage Facility

St. Landry Storage - Two Property Portfolio

Listing Price: $21,000,000

Cap Rate
7.12%
Number of Units
971
Occupancy
98.6%
Gross SF
146,645
Rentable SF
146,645
Price/Rentable SF
$143.20
Year Built
2005

Investment Highlights

  • STRONG HISTORIC PERFORMANCE // The portfolio is 99 percent occupied despite zero advertising spend.
  • UPSIDE POTENTIAL // Revenue upside via building the expansion building, offering tenant insurance, and implementation of an institutional quality revenue management platform.
  • STRATEGIC LOCATION // Both locations offer strong visibility from Interstate 49 which has 43,705 VPD.

Investment Overview

St. Landry Storage Main is a 971-unit, 146,645 net rentable square foot self-storage facility located in Opelousas, Louisiana. The property sits on approximately 10.5 acres of land and was constructed in phases between 2005 and 2014. Property contains six single-story self-storage buildings and a seventh building housing a professional leasing office, oversize private owners’ office, and employee kitchen.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower