For Sale
$1,450,000

29796 Toledo BndMany, LA 71449

Louisiana RV & Boat Storage Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a centrally located, 560 sq ft warehouse in Many, LA, on a 0.1-acre lot (APN 0030079100|2). The property, part of a larger development plan, comprises three buildings, each single-story and featuring 14-foot ceilings. Currently operating as a boat and RV storage facility, it boasts 46 completed units (Phase 1 of 138 planned units), with 16 currently leased at $200/month. Phase 1 units measure 14'x40' and include 12'x12' overhead doors. The property is fully fenced, offers individual key code entry, unit power and lighting, and gated security cameras. The asking price is $1,450,000 ($2,589/sq ft), representing a significant gross potential annual rent of $331,000 (at current rates), with substantial upside potential for rent increases. The property is unzoned and was built in 2024. The lease expiration date for the existing tenant is April 29, 2025. The development plan includes three phases, with an additional 3 acres available for future expansion. This presents a unique opportunity to acquire a profitable, established business with significant growth potential in a desirable location.

Highlights

  • $1,450,000 asking price for this Louisiana industrial property.
  • Centrally located RV and boat storage facility near Toledo Town in Toledo Bend, LA.
  • Development plan for 138 storage units across three phases, plus 3 acres for future expansion.
  • Phase 1 (46 units) recently completed, with 16 units currently leased at $200/month.
  • Phase 1 units feature 14'x40' dimensions and 12'x12' overhead doors.
  • Fully fenced, secure property with key code entry, unit power/lighting, and security cameras.

Property Details for 29796 Toledo Bnd

Property type
Warehouses, Industrial properties
Square Feet
560 SF
Year Built
2024
Buildings
3
Stories
1
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Many
County
Sabine Parish
State
Louisiana
Latitude
31.4970638
Longitude
-93.6530397
29796 Toledo Bnd, Many, Louisiana

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29796 Toledo Bnd
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