Lee & Associates Charlotte is pleased to present the A Cajun Mini‑Storage Portfolio, a five‑facility, 45,340 NRSF collection totaling 483 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 and Terrebonne Parishes (Thibodaux, Chackbay, Bourg, and Houma) the portfolio 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.
5 PROPERTIES: Self Storage Assets:
SF TOTAL SIZE: 45,340 NRSF
91% OCCUPANCY PORTFOLIO WIDE
ANNUAL BASE RENT: $376,992
BELOW MARKET RENTS & EXPANSION OPPORTUNITIES:
License #: LA 995712516
2552418616escroggs@lee-associates.com