Louisiana 3 Property Portfolio

Three established businesses serve the New Orleans metro area, home to 1.27 million residents.
High-visibility locations with easy access from major roadways.
All facilities are located within minutes of colleges and universities.
Properties offer a total of 83,166 rentable SF and 932 rentable units.
High-quality, well-maintained facilities were built in 2017 and 2007.
In total, the Portfolio provides considerable upside in management, operations, and revenue enhancement.

The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of three properties located in the New Orleans, LA metro area.

Take advantage of the opportunity to acquire three established self-storage properties located in the famed New Orleans metropolitan area. The sprawling Southern metro recently reached 1,271,845 residents—population growth of 12.97% from the last census. Now at 80% of its pre-Hurricane Katrina population levels, New Orleans is on pace to make a full recovery over the next few years.

The first of these New Orleans self-storage facilities are conveniently located just a few miles from downtown. Built-in 2017, the 45,478 square-foot structure easily accommodates residents and nearby students with 602 units. A bit further out, the Lake Charles self-storage property serves suburban residents and McNeese State University students with 377 various-sized units occupying a clean, modern 33,688 square-foot structure. Finally, along the banks of Bayou Lafourche, the Thibodaux property offers secure, convenient storage for the rural population with 4,000 square feet of space and 36 rentable units.

Overall, this sale presents a rare opportunity for a savvy investor to acquire three established businesses in the “Big Easy” metro area, where self-storage demand grows seamlessly as the city continues its steady path to recovery.



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