Self-Storage Facility
Manning Mini Storage
1516 Keyser Ave, Natchitoches, LA 71457
Listing Price: $2,250,000
Investment Overview
The Gorman Self Storage Group is pleased to present Manning Mini Storage, a value-add self-storage opportunity located in Natchitoches, Louisiana. Comprised of approximately 73,515 net rentable square feet of non-climate-controlled storage, the property offers immediate scale in an established market. Currently operating at approximately 75% occupancy, the facility provides a clear path for revenue growth through lease-up, rate optimization, and improved operational efficiencies. The property is fully fenced and benefits from an existing customer base. Offered at approximately $31 per square foot, Manning Mini Storage provides an attractive entry basis relative to replacement cost and a compelling opportunity for both experienced operators and value-add investors seeking long-term upside.
Listing Price: $2,250,000
Investment Highlights
- 73,515 NRSF of NCC Storage
- Offered at $31/sf
- Over $75K HH Income in 1-Mi Radius
- Rental Rates Below Market
- 15.1% Projected Income Growth in Next 5 Years
- Facility Fully Fenced
Investment Overview
The Gorman Self Storage Group is pleased to present Manning Mini Storage, a value-add self-storage opportunity located in Natchitoches, Louisiana. Comprised of approximately 73,515 net rentable square feet of non-climate-controlled storage, the property offers immediate scale in an established market. Currently operating at approximately 75% occupancy, the facility provides a clear path for revenue growth through lease-up, rate optimization, and improved operational efficiencies. The property is fully fenced and benefits from an existing customer base. Offered at approximately $31 per square foot, Manning Mini Storage provides an attractive entry basis relative to replacement cost and a compelling opportunity for both experienced operators and value-add investors seeking long-term upside.
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