Cypress Storage in West Monroe, Louisiana represents an exceptional opportunity to acquire a 7.8% cap rate self-storage facility that has risen in physical occupancy by 55% in 2025 while seeing income rise 50% over the same period. Well-positioned with frontage on Interstate 20, the remotely operated facility features 199 units and 21,100 net rentable square feet of non-climate storage, along with 21 parking spaces for lease. Purchased near-distressed in 2023 by the seller, the current economic occupancy has risen from 20% to 66%, with physical occupancy climbing to 87%.
Cypress Storage is positioned for continued growth, providing an investor the opportunity to acquire a proforma 11.6% cap rate property with a projected leveraged 5-year IRR over 30% and a 3-year cash-on-cash return of 18%.
Located just off Louisiana Highway 15 (Cypress Street) and Downing Pines Road in West Monroe, Cypress Storage has excellent visibility and access with frontage on both Interstate 20 and Highway 15. With 92,300 vehicles traveling by per day, a new buyer should achieve economic occupancy above 85% within 12–24 months, increasing revenue from $190,000 to over $234,000 within the first year of ownership.
Priced at $1.5MM and appraised at $1.6MM, Cypress Storage is a hard-to-find, competitively priced, remotely managed self-storage facility. With an outstanding location and substantial revenue upside, it represents a rare opportunity to acquire an in-place cash-flowing asset with significant long-term potential.