16052 LAMONTE Drive, Hammond, Louisiana, 70403
$825,000
0.97 Acres
#2565459
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.
PROPERTY FEATURES
- Business Type : Warehouse, Other
- Utilities : Natural Gas Not Available
- Water Source : Public
- Sewer : Public Sewer
- Current Use : Commercial, Warehouse, Other
- Zoning : com
- Construction Materials: Metal Siding
PROPERTY DETAILS
ID: 2565459
Status: Active
Price: $825,000
Acres: 0.97 Acres
Price Per Acre: $850,515
Type: Other
Address: 16052 LAMONTE Drive
City, State: Hammond, Louisiana
County: Tangipahoa
Zip Code: 70403
Lat/Long: 30.4723, -90.455622
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