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915 E Georgia Ave, Ruston, LA, 71270

OFFERING MEMORANDUM

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STOR A WAY MINI STORAGE
$6,580,000

Key Information

Cap Rate
6.83%
Tot. SF
77,895
Units
576
Year Built
1995
Type
Self Storage
NOI
$448,787

Highlights

  • Demonstrated strong operating performance over the past three years, indicating consistent stability for years to come
  • In-place rents offer upside potential, with Non-Climate Controlled units averaging approximately 9% below market and Climate Controlled units averaging approximately 10% below market.
  • Favorable supply-demand metrics in the immediate trade area, with self-storage supply limited to 8.27 square feet per capita within a five-mile radius.
  • Value-add potential through implementation and optimization of ancillary revenue streams, including Tenant Insurance Programs, Administrative Fees, and Late Fees.

Photos

Location

Agents

Broker of Record

Donnie Jarreau

License # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810