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Cajun Mini-Storage Throughout Thibodaux Bourg And Houma Thibodaux, LA

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For Sale
Contact for pricing

Portfolio of five self-storage facilities with immediate cash flow.

Property size:
45,340 SF

Property Features for Cajun Mini-Storage Throughout Thibodaux Bourg And Houma

General Information

Size
45,340 SF

Source: Justin Wiesehan Agent Justin Wiesehan

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Storage Portfolio in Louisiana

This portfolio sale includes assets containing a combined 45,340 NRSF and 483 units across five addresses in Thibodaux, Bourg, and Houma. The current portfolio occupancy is 89%, supporting an Annual Base Rent of $376,992. The properties are located within Lafourche and Terrebonne Parishes, west of New Orleans, with direct access via US-90 and LA-1/20/24 to Houma, Thibodaux, and the Greater New Orleans market. Louis Armstrong New Orleans International Airport lies roughly 55 miles away. Regional employers span offshore energy services, shipbuilding, health care, and higher education. Terrebonne General Health System and Thibodaux Regional Health System drive daily trips and employment, and Nicholls State University plus Fletcher Technical Community College supply a steady flow of students and staff. Houma and Thibodaux function as retail and cultural hubs for surrounding parishes, reinforcing durable storage needs across a population exceeding 200,000 residents. The properties have a climate-controlled and drive-up mix. The T-12 NOI is approximately $193,727, with a pro forma Year-1 NOI of approximately $210,250 and a Year-4 NOI forecast of approximately $294,024.
Location Intelligence

Current Use by Public Records

Self storage facilities

Map

City
Thibodaux
County
Lafourche
State
Louisiana
Longitude
-90.822871
Latitude
29.7957633

FAQs

What type of property is this?
Self storage facility - Portfolio of five self-storage facilities with immediate cash flow.
Where is this self storage facility located?
The property is located at Cajun Mini-Storage Throughout Thibodaux Bourg And Houma Thibodaux, LA.
What are key features of this property?
This property features: - Portfolio of **483 units** across five clustered sites totaling 45,340 NRSF.; - Current portfolio occupancy of **89%** generating immediate cash flow.; - Annual Base Rent of $376,992 ($8.31/SF blended).
More about this property
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