Recent Transactions

31,000 SF Self-Storage Facility

April 21, 2022 Fulton Staff

Self-storage and Louisiana icons.

Fulton Realty Capital advised a private client on the acquisition of a self-storage facility in Central Louisiana. Asset sourcing, CMBS financing, and all negotiations were led by Fulton’s team of real estate professionals.

The single-story property has nearly 31,000 rentable SF and 260 units. Well-kept landscaping, modern security cameras, and a keypad entry gate are among the notable features. Historically well-occupied, the asset is located in a sub-market with limited competition.

The facility will be operated by a professional, third-party management company. Capital improvements, operational enhancements, and ancillary income streams (including a tenant insurance program) are planned.

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