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

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.