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.