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    101 Bourque Road

    Lafayette, LA 70506
    • $699,000
    • STATUS: Active
    • ON SITE: 358 days
    • MLS #: 19009824
    UPDATED: 32 min ago
    $699,000
    • 0
      BEDS
    • 2.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 22,450
      SQFT
    • $31
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:
    K

    School Ratings & Info

    Description

    ---SELF-STORAGE INCOME ---BUILDINGS ARE A-B-C-D-E-F (E & F WERE BUILT IN 2009 & 2012 RESPECTIVELY AND ARE CLIMATE CONTROLLED-)CURRENT OCCUPANCY IS 45% @ 6% CAP RATE AND PROJECTIONS ARE 80% OCCUPANCY WITH SOME ADVERTISING AND PROMOTION OF ANY KIND ,IS REALISTIC AND ONCE AT THIS OCCUPANCY LEVEL, A 10,8% CAP RATE WOULD BE THE YIELD. -- EXTRA VACANT LAND WITHIN THE DEVELOPMENT EXISTS FOR BOAT OR RV STORAGE POSSIBILITIES, WHICH WOULD INCREASE THE CAP RATE EVEN FURTHER WITHIN A MINIMAL EXPENDITURE FOR A FENCE /GATE OR OTHER ENCLOSURE--ALTHOUGH ONLY A SMALL PORTION IS IN A FLOOD ZONE,THE PROPERTY DID FLOOD IN 2016---OF THE 22,450SF, ABOUT 5,200SF IS CLIMATE CONTROLLED(E&F)AGE OF THE OTHER BLDGS IS APPROX 24 YRS--UPON EXECUTION OF ''CONFIDENTIALITY AGREEMENT'', ADDITIONAL INFO WILL BE FURNISHE

    Monthly Payment Calculator

    Licensed by the State of Louisiana, USA.
    Each Office Independently Owned & Operated.
    Robbie Breaux & Team | EXP Realty || (337) 267-4099 || Lafayette, LA

    The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2020-09-23T21:11:23.293.
    www.searchhomesinlafayette.com/homes/99458052
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    101 Bourque Road Lafayette, LA 70506

    • Price: $699,000
    • Status: Active
    • Updated: 32 min ago
    • MLS #: 19009824
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.1
    Acres
    22,450
    SQFT
    $31
    $/SQFT
    Neighborhood:
    None
    County:
    Lafayette
    Area:
    K
    Property Description
    ---SELF-STORAGE INCOME ---BUILDINGS ARE A-B-C-D-E-F (E & F WERE BUILT IN 2009 & 2012 RESPECTIVELY AND ARE CLIMATE CONTROLLED-)CURRENT OCCUPANCY IS 45% @ 6% CAP RATE AND PROJECTIONS ARE 80% OCCUPANCY WITH SOME ADVERTISING AND PROMOTION OF ANY KIND ,IS REALISTIC AND ONCE AT THIS OCCUPANCY LEVEL, A 10,8% CAP RATE WOULD BE THE YIELD. -- EXTRA VACANT LAND WITHIN THE DEVELOPMENT EXISTS FOR BOAT OR RV STORAGE POSSIBILITIES, WHICH WOULD INCREASE THE CAP RATE EVEN FURTHER WITHIN A MINIMAL EXPENDITURE FOR A FENCE /GATE OR OTHER ENCLOSURE--ALTHOUGH ONLY A SMALL PORTION IS IN A FLOOD ZONE,THE PROPERTY DID FLOOD IN 2016---OF THE 22,450SF, ABOUT 5,200SF IS CLIMATE CONTROLLED(E&F)AGE OF THE OTHER BLDGS IS APPROX 24 YRS--UPON EXECUTION OF ''CONFIDENTIALITY AGREEMENT'', ADDITIONAL INFO WILL BE FURNISHE
    Exterior Features

    Construction Metal Siding Cranes 0 Exterior Features Door SignOh Door < 10 FtOutside StoragePartially FencedPole SignStabilized Yard BaseStorage Building Load Dock No Lot Description Other - See RemarksSloping Lot Dimensions 198 X 480 APPROX Parking ConcreteLimestone/ShellOn Site Parking Spaces 10.0000 Road Frontage Open DitchPavedPublic Street Roof Metal

    Interior Features

    Cooling Central Air Eave Height Ft 9.50 Elevator No Flooring Concrete Foundation Slab Heating Central Heat Offices 0 Restrooms 0.00 Sq Ft Office 0.00 Sq Ft Retail 22450.00 Sq Ft Warehouse 22450.00

    Property Features

    Approx Age 11 - 20 Years Commercial Type Business OpportunityIndustrialOther Current Use Mini Storage Date Available 2019-09-26 Electricity 110 Volts Est Bldg Ins Unk Financing CashConventional For Lease No For Sale Yes Gas On Property Lease Purchase No Location FreestandingSuburban Mineral Rights Reserved Price Includes Real Estate Sq Ft Source Appraiser Sublease No Water Sewer Private SewerPublic Water Zone Unz -Laf Par La

    Courtesy of Keller Williams Realty Acadiana. Listing information © 2020 REALTOR® Association of Acadiana MLS. All rights reserved.
    Licensed by the State of Louisiana, USA.
    Each Office Independently Owned & Operated.
    Robbie Breaux & Team | EXP Realty || (337) 267-4099 || Lafayette, LA

    The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2020-09-23T21:11:23.293.
     
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    Robbie Breaux & Team | EXP Realty
    3 Flagg Place, Unit B4
    Lafayette LA, 70508