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1210 Church St
Zachary, LA 70791
Zachary Storage Solutions · Speciality Property For Sale · 33,450 SF
PROPERTY FACTS
| Property Type | Speciality | Building Size | 33,450 SF |
| Property Subtype | Self-Storage | Number of Floors | 1 |
| Building Class | B | Year Built/Renovated | 2004/2006 |
| Lot Size | 1.50 AC | Parking Ratio | 1.49/1,000 SF |
| Property Type | Speciality |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.50 AC |
| Building Size | 33,450 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 2004/2006 |
| Parking Ratio | 1.49/1,000 SF |
About 1210 Church St , Zachary, LA 70791
Offered at $4,200,000 which represents a 6.19% CAP rate,this asset,presents a unique opportunity for an investor to acquire a cash flowing self storage facility in the Baton Rouge area.Zachary Storage Solutions is currently 88 percent occupied in terms of unit count,and 90 percent economically occupied.This acquisition offers the benefits of cash flow from day one of operations as well as the ability to add value to the facility through improved management and reducing expenses by eliminating th corporate style management and managing the facility with one full time employee at $15 per hour,a new owner can increase the marketing budget and still improve the CAP rate to seven percent in the Pro Forma.
PROPERTY TAXES
| Parcel Number | 00036064 | Improvements Assessment | £274,012 |
| Land Assessment | £20,301 | Total Assessment | £294,313 |
PROPERTY TAXES
zoning
| Zoning Code | Commercial |
| Commercial |
