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Listed byNextHome Real Estate Prof • Jeannie Crayton • 985-429-0777
$825,000
Est. payment /mo
Active
16052 LAMONTE DR Hammond, LA 70403
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Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2565459
HOA Y/N No
Year Built 1994
Acres 0.97
Lot Dimensions 257x193x255x139
Property Sub-Type Commercial
Source ROAM MLS
Property Description
Turnkey self-storage investment opportunity in growing Hammond, LA. Storage Boss is a 120-unit, drive-up (non-climate) facility offering 17,150 net rentable SF across six buildings on a 0.97-acre site along the I-12/I-55 corridor in Tangipahoa Parish. The property is stabilized at approximately 90% occupancy with a diversified unit mix and multiple income streams, including tenant insurance, admin, late, and auction fees. Offered at $825,000 — $75,000 below the $900,000 appraised value — reflecting a 7.68% going-in cap rate on a stabilized NOI of $63,395. Clear upside remains through below-market in-place rents, lease-up of available units, and owner-operator efficiencies. A clean, low-maintenance asset ideal for a regional operator or first-time storage investor. Financials and offering package available upon request. Each office is independently owned and operated.
Location
State LA
County Tangipahoa
Area 0.97
Zoning com
Direction Veterans Ave south to Lamonte Drive on the left
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Not Available
Garage No
Building
Lot Description Other
Water Public
New Construction No
Others
Tax ID 5480205
Virtual Tour https://www.propertypanorama.com/instaview/roam/2565459
