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Mini Storage Warehouse / Strip Mall

Baton Rouge Metro, Louisiana (East Baton Rouge County)

Services - Storage & Warehousing

Asking Price $1,700,000 Inventory  
Gross Income $200,000 Real Estate  
Cash Flow $165,000 Year Established 2005
FF&E N/A Employees ft: 1

* included in the asking price

** not included in the asking price

Very nice, relatively new two years old mini storage warehouse and strip mall is located in a large, very fast growing suburb community just a few miles and a few minutes from Baton Rouge, LA. Occupancy at time of listing is about 75%. Occupancy has been rising steadily and should continue to grow. Mini storage has 177 units of which 49 are climate controlled. Strip mall has 6 commercial retail spaces of about 1,000 sq ft. Each building sits on about 2.5 acres. A very recent appraisal came in at $2.2 million. Seller is ready to retire and motivated to sell. Seller has priced business to sell at $1.7 million. Seller will consider seller financing with a qualified buyer and an appropriate down payment. Seller has also listed another mini storage with about 21,000 sq ft, 156 units on about 2 acres with room to grow. Very good occupancy. Call for more details. Seller says make offer on this unit. Come see these high quality mini storages. Act fast, mini storages of this quality don t last long!!!

Facilities: Building is 16, 850 sq ft

Support/Training: Available

Reason Selling: Other Business Interests

AD # 328136

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