31870 La Highway 16, Denham Springs, LA 70726

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Building Details:

31870 La Highway 16 is located in Denham Springs, LA.

Sale price: $3.45M (9% CAP on existing income) Rentable Square Feet: 99,165 Total Units: 631 units
35 boat/rv spaces, 11 outdoor spaces, Total Land Area: 6.95+/- acres. Number of Buildings: 18. Land for Expansion: Yes-16,232 SF. Debt Free. Year Built: 1997 and added on in subsequent years. Unit Occupancy: 73%
Climate Control Units: 180. Total Square Feet: 100,110. Existing Gross Self Storage Income: $462,000. Total Operating Expenses: $101,000. Net Operating Income: $301,000. “Value added investment” Total Potential Income: $526,924