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2219 LA-3185Thibodaux, LA 70301
A Cajun Mini Storage
Asset ClassSelf Storage
Occupancy81.5%
Rentable SF: 45,340Deal Size: $1.6 MAccess Data Room
overview of deal

Overview

SELLER FINANCING PREFERRED. TERMS BELOW

 

Lee & Associates Charlotte is pleased to present the A Cajun Mini‑Storage in Thobodaux, LA, a 22,650 NRSF facility totaling 238 rentable units in southeast Louisiana.

 

Clustered within the same micro-market, the assets deliver immediate, needs‑based cash flow and operational synergies after assuming operations previously managed by an experienced, locally entrenched operator. A Cajun’s brand, hands‑on management, and mix of climate‑controlled and drive‑up units create durable tenant demand and a straightforward platform for revenue management.

 

Market & Supply

Spanning Lafourche Parish, A Cajun Mini Storage serves the broader Houma–Thibodaux corridor and captures demand from stable residential neighborhoods, university‑adjacent housing, and blue‑collar employment tied to marine, energy, and service industries. Competition across these submarkets is fragmented and primarily independent, with a large share of older, drive‑up product and few new construction projects in the pipeline.

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Investment Highlights

SELLER FINANCING IS PREFERRED.

TERMS:

  • 20% Down
  • 5% Interest Rate
  • 15-Year Amortization
  • 7-Year Balloon

SF TOTAL SIZE: 22,650 NRSF

 

81.5% UNIT OCCUPANCY

 

ANNUAL BASE RENT: $164,628

 

BELOW MARKET RENTS:

  • Create a true Value-Add Opportunity for investors
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2219 LA-3185Thibodaux, LA 70301

Listing Team

In Association with Evan Scroggs a Licensed Louisiana BrokerManaging Principal

License #: LA 995712516

2552418616escroggs@lee-associates.com

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Listing provided by Revere CRE