Price Reduction: 136 Unit Mini-Storage Facility w/Additional Land Listing Details & Market Data

106 Elizabeth Dr., Saint Martinville, LA 70582

  • For Sale $1,500,000
  • Property Type Retail - Street Retail
  • Property Size 19,482 SF
  • Lot Size 1.73 Acre
  • Property Tenancy Single Tenant
  • Year Built 2012
  • Date Updated Apr 11, 2024
Located just off N. Main St. in St. Martinville, LA.136 Unit Mini_Storage Facility For Sale - 30 climate controlled units - 106 non-climate controlled units - All units are leased on a month to month basis - Stays 95% fully occupied - $110,000 NOI, 7% Cap Rate, current rental rates are below market value - Low management cost - Well maintained - 1.729 Total Acres - 0.53 Acres included in this sale, can be used for Additional Storage Units. - 309' frontage on Elizabeth Dr. - Flood Zone "X" - no flood - Also Available, 24-Unit Apartment Complex which also includes additional land on Teresa Dr.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 136 Unit Mini_Storage Facility For Sale
  • - 30 climate controlled units
  • - 106 non-climate controlled units
  • - All units are leased on a month to month basis
  • - Stays 95% fully occupied
  • - $110,000 NOI, 7% Cap Rate, current rental rates are below market value
  • - Low management cost
  • - Well maintained
  • - 1.729 Total Acres
  • - 0.53 Acres included in this sale, can be used for Additional Storage Units
  • - 309' frontage on Elizabeth Dr.
  • - Flood Zone "X" - no flood
  • - Also Available, 24-Unit Apartment Complex which also includes additional land on Teresa Dr.

Contacts

broker

Mike Stinson, CCIM

Saurage Rotenberg Commercial Real Estate

(225) 907-7793

Location

Getting Around

  • Walk Score ®

    Car-Dependent (42)
  • Bike Score ®

    Somewhat Bikeable (39)
Powered by Walk Score ®
  • City Saint Martinville, LA
  • Neighborhood St. Martinville
  • Zip Code 70582
  • Market Lafayette Lake Charles

Points of Interest

  • New Iberia

    9.28 miles

  • Exxon

    7.73 miles

  • Shell

    7.80 miles

  • Chevron

    9.39 miles

  • Chevron

    9.48 miles

  • Pop-n-Fuel

    9.70 miles

  • Cracker Barrel

    9.79 miles

  • Chevron

    9.83 miles

  • Walmart

    9.84 miles

  • Mobil

    9.85 miles

  • Lake Martin Visitor Center Parking

    6.22 miles

  • Lake Martin North Car Park

    8.12 miles

  • Bayou Landing

    9.90 miles

  • Durand Grocery & Quality Mealt

    1.49 miles

  • Concession Stand

    7.17 miles

  • Raising Cane's

    7.22 miles

  • McDonald's

    7.79 miles

  • A-Bears Kountry Kitchen

    8.30 miles

  • Popeyes

    8.46 miles

  • Jane's Seafood & Chinese Restaurant

    8.46 miles

  • Church's Chicken

    9.12 miles

  • Boiling Point

    9.23 miles

  • Cafe des Amis

    9.34 miles

  • Walmart Supercenter

    7.24 miles

  • M&A Safety Services

    9.26 miles

  • BI-LO

    9.78 miles

  • Fremin's

    9.82 miles

  • Walmart Neighborhood Market

    9.91 miles

Contact Listing Broker

broker

Mike Stinson, CCIM

Saurage Rotenberg Commercial Real Estate

(225) 907-7793