Price Reduction: 136 Unit Mini-Storage Facility w/Additional Land

106 Elizabeth Dr., Saint Martinville, LA 70582

Property Information

  • For Sale $1,500,000
  • Property Type Retail - Street Retail
  • Property Size 19,482 SF
  • Lot Size 1.73 Acre
  • Property Tenancy Single Tenant
  • Year Built 2012
  • Date Updated Jun 6, 2026

Description

Located just off N. Main St. in St. Martinville, LA.136 Unit Mini_Storage Facility For Sale - 30 climate controlled units - 106 non-climate controlled units - All units are leased on a month to month basis - Stays 95% fully occupied - $110,000 NOI, 7% Cap Rate, current rental rates are below market value - Low management cost - Well maintained - 1.729 Total Acres - 0.53 Acres included in this sale, can be used for Additional Storage Units. - 309' frontage on Elizabeth Dr. - Flood Zone "X" - no flood - Also Available, 24-Unit Apartment Complex which also includes additional land on Teresa Dr.

Highlights

  • $110,000 NOI, 7% Cap Rate, current rental rates are below market value
  • 0.53 Acres included in this sale, can be used for Additional Storage Units
  • 1.729 Total Acres
  • 106 non-climate controlled units
  • 136 Unit Mini_Storage Facility For Sale
  • 30 climate controlled units
  • 309' frontage on Elizabeth Dr.
  • All units are leased on a month to month basis
  • Also Available, 24-Unit Apartment Complex which also includes additional land on Teresa Dr.
  • Flood Zone "X" - no flood
  • Low management cost
  • Stays 95% fully occupied
  • Well maintained

Contacts

Location

Located at 106 Elizabeth Dr., Saint Martinville, LA 70582, this property is part of the St. Martinville neighborhood and Lafayette Lake Charles market.

Contact Listing Broker
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