106 Elizabeth DrSaint Martinville, LA 70582
136-unit facility, high occupancy, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- 136-unit mini-storage facility on a 1.73-acre lot in St. Martinville, LA.
- 19,482 square feet of rentable space with 95% occupancy.
- Seven single-story buildings (2012 construction) including 30 climate-controlled and 106 non-climate-controlled units, all month-to-month leases.
- $110,000 annual NOI, 7.00% cap rate, below-market rents offering upside potential.
- Includes 0.53 acres of additional land; 309 feet of frontage on Elizabeth Drive; located in flood zone X.
- Asking price: $1,500,000 ($80.66/SF); APN: 15801B2633; Address: 106 Elizabeth Dr, St Martinville, LA 70582.
Property Details for 106 Elizabeth Dr
- Property type
- Land, Self storage facilities
- Square Feet
- 19,482 SF
- Year Built
- 2012
- Buildings
- 7
- Stories
- 1
Location Insight
- City
- Saint Martinville
- County
- St Martin Parish
- State
- Louisiana
- Latitude
- 30.143119110271
- Longitude
- -91.822238157461
Nearby Similar for Sale
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