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2219 LA-3185, Thibodaux, LA 826 Highway 20, Thibadaux, LA 4321 Highway 24, Bourg, LA 118 Intracoastal Dr, Houma, LA 379 New Orleans Blvd, Houma, LA
(5) Property Louisiana Mini Storage Portfolio
Asset ClassSelf Storage
Occupancy91%
Rentable SF: 45,340Access Data Room
overview of deal

Overview

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.

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Investment Highlights

5 PROPERTIES: Self Storage Assets:

  • Thibodaux, LA | Bourg, LA | Houma, LA (2) | Chackbay, LA

SF TOTAL SIZE: 45,340 NRSF

 

91% OCCUPANCY PORTFOLIO WIDE

 

ANNUAL BASE RENT: $376,992

  • $8.31 PSF Blended / $780.52 Per Unit

BELOW MARKET RENTS & EXPANSION OPPORTUNITIES:

  • Create a true Value-Add Opportunity for investors

Portfolio Summary

ADDRESS
NRSF
UNITS
1
2219 HIGHWAY 3185 THIBODAUX, LA 70301
22,650 SF
238
2
826 HIGHWAY 20 THIBODAUX, LA 70301
3,200 SF
30
3
4321 HIGHWAY 24 BOURG, LA 70343
8,415 SF
87
4
118 INTRACOASTAL DRIVE HOUMA, LA 70363
7,475 SF
84
5
379 NEW ORLEANS BLVD HOUMA, LA 70364
3,600 SF
44
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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