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4601 Cypress st
West Monroe, LA 71291

$1,500,000 USD

Self Storage For Sale  •  21,100 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 21,100 SF
  • Lot Size 3.74 AC
  • Building Class C
  • Year Built 1994
0 Transit Score
38 Walk Score

Description

Cypress Mini Storage located at 4601 Cypress St, West Monroe, LA 71291 in Ouachita Parish. The facility is situated on
approximately 2.1 acres consisting of 199 drive-up units and 21,100 net rentable square feet with room to expand. Fully gated
& fenced, this facility has gone through a significant management upgrade to bring operations into the 21st century. With no
office on-site, the property is well suited for remote-management.

Current occupancy is 73% by area and 57% economic demonstrating a clear path to future income growth with ample room
for in-place rents to increase. Cypress Mini Storage achieved average income growth of 3.8% per month in 2025. A new
billboard lease adds $4,400 per annum to the opportunity. 

Other income-producing value-add opportunities exist with converting the grass parking lot into a 25 x 250 non-climate
controlled building, adding an additional 6,250 net rentable square feet. City approvals were obtained in October 2025 
with fully designed plans from a local civil engineer included in the sale.

West Monroe – home to the ever-popular Duck Dynasty TV Series – is a bustling community located on Interstate 20, a major
US thoroughfare. With a population of 33,068 in a 3-mile radius and 68,195 in a 5-mile radius, the city of West Monroe is
known for its long-standing manufacturing, wholesale trade, logistics and transportation sectors.

Priced at $1,500,000, $71.09 per NRSF, investors will have an opportunity to buy a cash flowing asset with an opportunity to
immediately add 6,250 NRSF. Even without the expansion, an investor will enjoy 7.88% cap rate within a year of acquisition
and 10.96% upon the stabilization of the existing unit mix.

Highlights

Fully fenced, gated with remote access including Expansion Area Approved
Excellent visibility with 17,865 cars per day along Cypress St commercial corridor
Strong demographics with 33,068 residents in a 3-mile radius and an average household income of $75,432
Billboard lease with annual increases provides stable income through 2034

Amenities

  • Controlled Access

Public Transportation

AirportDriveWalkDistance
Monroe Regional 16 min - 10.5 mi
Andrew Beeckman 714-655-4164 EquiCap Commercial in Association with ParaSell
Andrew Beeckman 714-655-4164 EquiCap Commercial in Association with ParaSell