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Montgomery Self Storage 1850 LA-34 2,550 SF 83% Leased Industrial Building Montgomery, LA 71454 $186,963 CAD ($73.32 CAD/SF) 10.45% Cap Rate
INVESTMENT HIGHLIGHTS
- Corner Lot
EXECUTIVE SUMMARY
This 23-unit self-storage property in Montgomery, Louisiana provides steady cash flow, consistent occupancy, and expansion upside. The facility offers 2,550 square feet of rentable storage across four unit sizes (5x5, 5x10, 10x10, and 10x15). Occupancy has averaged ~81% over the past 18 months and is currently 83%, demonstrating stable tenant demand.
Additionally, the property generates consistent lot rent income from a tenant-owned mobile home on-site, with the tenant responsible for their own utilities. The 1.78-acre parcel features gravel drive access and ample open land, creating excellent potential for future expansion or additional income streams. Two security cameras provide added oversight and tenant confidence.
This facility is attractively priced for investors seeking immediate cash flow with room for growth.
Additionally, the property generates consistent lot rent income from a tenant-owned mobile home on-site, with the tenant responsible for their own utilities. The 1.78-acre parcel features gravel drive access and ample open land, creating excellent potential for future expansion or additional income streams. Two security cameras provide added oversight and tenant confidence.
This facility is attractively priced for investors seeking immediate cash flow with room for growth.
PROPERTY FACTS
| Price | $186,963 CAD | Building Class | C |
| Price Per SF | $73.32 CAD | Lot Size | 1.78 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 2,550 SF |
| Cap Rate | 10.45% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2005 |
| Property Subtype | Warehouse | Parking Ratio | 12.16/1,000 SF |
| Price | $186,963 CAD |
| Price Per SF | $73.32 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.45% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.78 AC |
| Rentable Building Area | 2,550 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Parking Ratio | 12.16/1,000 SF |
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Storage Space
UTILITIES
- Water
- Sewer
PROPERTY TAXES
| Parcel Number | 0700052190 | Improvements Assessment | $10,289 CAD |
| Land Assessment | $1,402 CAD | Total Assessment | $11,692 CAD |
PROPERTY TAXES
Parcel Number
0700052190
Land Assessment
$1,402 CAD
Improvements Assessment
$10,289 CAD
Total Assessment
$11,692 CAD
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Presented by
Life House Properties LLC
Montgomery Self Storage | 1850 LA-34
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