investment highlights
- DIVERSIFIED PORTFOLIO // The portfolio spans some of Lake Charles’ best storage markets including Moss Bluff to the North, Sulphur to the West and infill Lake Charles proper to the South.
- UPSIDE POTENTIAL // Additional revenue can be achieved through increasing occupancy from 80 percent up to the market average of 90 percent through the implementation of modern management practices.
- RETAIL LOCATIONS // The portfolio is well located in or close to major retail corridors with average car counts exceeding 14K vehicles per day.
- FAVORABLE DEMOS // The portfolio averages over 37K people within a three-mile radius with average household incomes reaching close to $90K.
- ATTRACTIVE LAYOUT AND DESIGN // Ground level access across the entirety of the portfolio with 43 percent of the net rentable square footage air conditioned. All metal construction built between 1996 and 2006 with significant recent capital improvements such as all new gates, roofs (partial), new doors (partial) and new AC units (partial).
