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Broker Contact Info
Jonathan Fawley
614.360.9031
Jonathan.Fawley@marcusmillichap.com
Opportunity
The Market
Investment
Map
Marcus & Millichap is pleased to exclusively offer for sale The Otter Self Storage Two Property Portfolio located in Baton Rouge, Louisiana. This portfolio combines to feature 18 climate controlled units and 926 non-climate units totaling 102,750 net rentable square feet. The portfolio has great value-add opportunities through leasing-up and rental rate increases. Both facilities recently had significant capital improvements through increased security systems and facility cleanups. The Otter Self Storage Two Property Portfolio combines to sit on 5.35 acres of land and are separated by about nine miles.
See marketing package for individual demographics.
• Baton Rouge, Louisiana Two Property Self Storage Portfolio
• Combined 102,750 Net Rentable Square Feet
• 18 CC Units and 926 NCC Units
• Great Value-Add Opportunity Through Lease-Ups, Expense Reductions & Increased Rental Rates
• Both Facilities Recently Underwent Significant Capital Improvements With New Security Systems & Facility Cleanup
• Capital Improvements Include $76,722 on Gates, $219,132 on Fences, and $42,356 on Security Systems
• Both Facilities Are Currently Run Remotely Which Can Be Changed to On-Site Management
• Dense Surrounding Populations
