7649 Airline Hwy
Baton Rouge, LA 70814

Baton Rouge Mini Storage is a two-property portfolio in Baton Rouge, Louisiana. It consists of 423 non-climate and parking units totaling 58,340 NRSF. The Airport Highway location sits on four acres and has concrete driveways and CMU buildings with screw-down metal roofing. In 2013 over $75,000 was spent to replace all of the roofing on the property. The Greenwell Springs Road property has concrete driveways and steel and metal construction with screw-down metal roofing. The current owner remodeled the properties installing new Janus doors on some units and painted the exterior to give it an updated look. Priced at $2,825,000 the year one cap rate is 8.97%. The two facilities are 1.3 miles apart with frontage on Airline Highway and Greenwell Springs Road. Airline Highway is the major north-south thoroughfare in east Baton Rouge with a traffic count of 44,484 VPD. With the second location just around the corner on Greenwell Springs Road, the portfolio can be managed from one central location, minimizing payroll costs. Located three miles northeast of downtown, Baton Rouge Mini Storage is within close proximity of national retailers such as Home Depot, Lowe' s, WalMart, and Academy Sports & Outdoors. The Airport Highway location is two miles north of Cortana Mall which features Dillard' s and JC Penney.