Stockwell Place Self Storage

Property Address: 1700 Stockwell Rd, Bossier City, LA 71111

Oakside, together with Jennifer Stein Real Estate, is pleased to present Stockwell Place Self Storage, a 278-unit, 36,700 NRSF self-storage facility located at 1700 Stockwell Rd in Bossier City, LA, the second-largest city in the Shreveport-Bossier City MSA and the largest economic center in northern Louisiana. Set on a 6.30-acre site fronting Stockwell Road with immediate access to I-220 (29,500 VPD), the property captures heavy regional commuter traffic and sits directly adjacent to the 468-unit Lakewood Villas Townhomes development and minutes from Barksdale Air Force Base - a dual demand engine of multifamily renter overflow and stable, recurring military tenancy. The facility offers 244 drive-up non-climate units and 34 outdoor RV/boat parking spaces, and currently runs a highly efficient, zero-onsite-staff operating model built on remote management. Currently 78% physically occupied but only 59% economically occupied, with in-place rents roughly 13% below market, the asset delivers investors immediate in-place cash flow alongside substantial upside through rate optimization, continued lease-up, and a sizable adjacent parcel offering ground-up expansion potential.

INVESTMENT HIGHLIGHTS

• 278 total units across 36,700 NRSF on 6.30 acres, including 244 drive-up non-climate units and 34 outdoor RV/boat parking spaces - a low-overhead footprint with meaningful room to grow
• Superior visibility and regional access, prominently fronting Stockwell Road with immediate access to I-220 (29,500 VPD), capturing heavy commuter traffic passing directly by the site
• Dual demand generators in immediate proximity: positioned adjacent to Lakewood Villas Townhomes (468 units, currently pre-leasing) and minutes from Barksdale Air Force Base, driving both multifamily renter overflow and recurring, stable military tenant turnover
• Clear in-place upside: 78% physically occupied yet only 59% economically occupied, with rents approximately 13% below market - offering immediate cash flow and a defined runway for rate and occupancy growth
• Highly efficient, low-overhead operating model with zero onsite staff, utilizing remote management and offshore support to maximize NOI margins relative to traditionally staffed facilities
• Affluent, high-barrier trade area with a 1-mile median household income of nearly $81,000 ($80,552 within 1 mile, $80,692 within 3 miles)
• Ground-up expansion potential on a large adjacent parcel within the same site, supporting long-term NRSF and revenue growth