PRICE REDUCTION OF $205K - CROWN STORAGE & RV

Business Opportunity for Sale
Also listed as Industrial, Retail-Commercial
Catylist Listing ID: 30673212
Property Subtypes: Moving/Storage/Delivery
Building Size (RSF): 39,299 SF
Sale Price: $2,995,000
Name of Establishment: Crown Storage & RV
Gross Revenue: $184,000 (Annual)
Cash Flow: $160,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 10/5/2021

Overview / Comments

Well maintained storage facility for sale located on Post Office Road between Airline Highway and Highway 73 in Prairieville, LA.

The facility is a total of 39,299 square feet of building area and rentable parking spaces on 2.09 acres and is comprised of 154 units, 82 of which are climate controlled.

Units are located in 3 separate buildings and are combinations of (1)5' x 5 (23)5'x 10's, (34)10' x 10's, (1)8x17, (16)10' x 15's, and (16)10 x 20's.
Also included are (7)15' x 50' RV Parking Bays, (15)10x15 Outdoor Storage Units, and (2) Office Warehouses that are 1,750SF each.

Outdoor parking consists of (13)12x40, (7)12x24, (8)12x30, (5)12x50, and
(7)12x60. There are (7)15x50 indoor RV / Boat parking spots.

This facility is currently 80% occupied. Please contact agent for further
details.

The adjacent 2.7 Acre tract is also available For Sale offering great upside.

Additional Details

Nearest MSA: Baton Rouge
County: Ascension
Industry Segment: Self Storage
Reason for Selling: Owner was continually outbid on similiar properties in the area, went from buyer to seller. The only reason for selling is this location is now an outlier with other facilities in Missisippi and the Alabama, Florida panhandle.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,001 36,196 68,391
Median Age: 34.46 33.54 34.26
Households: 1,361 12,298 24,189

Contact

Photograph of Listing Agent

Steve Greer

Land Hawk Commercial Real Estate, LLC Baton Rouge, LA 70884
LACDB Member
Photograph of Listing Agent

Jessica Thompson

Land Hawk Commercial Real Estate, LLC Baton Rouge, LA 70884
LACDB Member
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