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Mini Storage Warehouses (4) in Baton Rouge, LA

For sale as a package or individually, 4 fairly new (all under 6 years old) mini storage warehouses totaling 41,200 sq ft of rentable space.

Location number 1) has 234 units in 22,800 sq ft of rentable space of which 7,600 sq ft is climate controlled, 15,200 is non-climate controlled. Building sits on an approximately 150 x 450 foot commercial lot.

Location number 2) has 83 units in 8,000 sq ft of rentable space, 2,700 sq ft climate controlled, 5,300 sq ft non-climate controlled. Units are on 350 feet of frontage by 115 foot deep corner lot.

Location number 3) has 63 units in 6,400 sq ft of rentable space, 3,000 sq ft climate controlled, 3,400 non-climate controlled. There is room to expand by another 3,000 sq ft of rentable space.

Location number 4) is 44 units with 1,750 sq ft climate controlled, 2,250 non-climate controlled for a total of 3,000 sq ft of rentable space. Units are on approximately 110 x 60 foot lot. There is room to add an additional 4,000 sq ft of rentable space.

All locations have good occupancy that is rising. All locations are on high traffic streets with good visibility. Seller has significant other business interests and is motivated to sell. Seller will seriously consider and promptly respond to all reasonable offers. Come see, make offer.

Financial Information
Annual Receipts: $220,000
Annual Cash Flow: $170,000

General Information
Reason For Sale: Other Business Interests
Year Established: 2001
Total Combined Units: 424
Occupancy: 85%
Additional Info: Needs rental price adjustment and late charge fee application in order.

 Contact:
Jim Desselle
Sunbelt Business Brokers of Baton Rouge, La
4744 Jamestown, Suite 200
Baton Rouge, La 70808
Telephone: 225.201.0202
Cell: 225.235.7457
Fax: 225.201.0020
Email: desselle@sunbeltnetwork.com