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19634832
32724479

29676 LA-191, Many, LA 71449

MH
LA 440000497
NAI Rampart
Listed by NAI Rampart
$346,000
791 days on market
Updated 21 days ago

Mo Town Storage Toledo Bend

Details
Property Type Self Storage
Square Footage 6,720
Net Rentable (SqFt) 560
Units 12
Cap Rate 7.51%
NOI $26,000
Occupancy 100%
Price per SqFt $51
Broker Co-Op Yes
Year Built 2024
Buildings 1
Stories 1
Acreage 4.000
Investment Type Stabilized
Occupancy Date 04/08/2024
Ceiling Height 14
Sale Condition For sale by owner

Self Storage | 12 Units | $346,000 100% occupied

Marketing description

Mo Town Storage RV and Boat Storage Toledo Bend Investment. 100% occupied 12 14'x40' units of a bigger 46 unit facility located in the heart of Toledo Bend on the Louisiana Side. MO Town i located 1/4 from the main intersection of Hwy6 and Hwy 191 and minutes from dozens of boat launched and the lake itself.

Toledo Bend is the largest man-made body of water in the South, and the fifth largest in surface acres in the United States. From the dam site, the reservoir extends 65 miles upriver to Logansport, Louisiana, and inundates land in Sabine, Shelby, Panola, and Newton Counties in Texas, and Sabine and DeSoto Parishes in Louisiana.

Toledo Bend, with its 1,200 miles (1,900 km) of shoreline, offers a large variety of recreational activities and is a major element in serving the growing demand for water oriented outdoor recreation. Both private and public facilities are available for swimming, boating, picnicking, fishing, camping, hunting, and sightseeing. The reservoir is a popular location for freshwater fishing with many clubs hosting tournaments.

According to Bass Master, Toledo Bend is one of the oldest, most famous fisheries in the country, Toledo Bend Reservoir has been one of the best big bass factories in the world for many years, and those genes continue to thrive in the lake today. So far in 2023, the lake record for a five-bass limit was shattered with a 42-pound bag and the lake record largemouth was also caught, a bass that weighed 15.67 pounds.

2024 Toledo Bend hosted The Major League Bass Fishing Tour stage 1, as well as the Bass Master Elite Series.

web site www.motown-storage.com owner/agent

Investment highlights

Mo Town Storage RV and Boat Storage Toledo Bend Investment. 100% occupied 12 14'x40' units of a bigger 46 unit facility located in the heart of Toledo Bend on the Louisiana Side. Mo Town is located 1/4 from the main intersection of Hwy6 and Hwy 191 and minutes from dozens of boat launched and the lake itself.

Toledo Bend is the largest man-made body of water in the South, and the fifth largest in surface acres in the United States. From the dam site, the reservoir extends 65 miles upriver to Logansport, Louisiana, and inundates land in Sabine, Shelby, Panola, and Newton Counties in Texas, and Sabine and DeSoto Parishes in Louisiana.

Toledo Bend, with its 1,200 miles (1,900 km) of shoreline, offers a large variety of recreational activities and is a major element in serving the growing demand for water oriented outdoor recreation. Both private and public facilities are available for swimming, boating, picnicking, fishing, camping, hunting, and sightseeing. The reservoir is a popular location for freshwater fishing with many clubs hosting tournaments.

According to Bass Master, Toledo Bend is one of the oldest, most famous fisheries in the country, Toledo Bend Reservoir has been one of the best big bass factories in the world for many years, and those genes continue to thrive in the lake today. So far in 2023, the lake record for a five-bass limit was shattered with a 42-pound bag and the lake record largemouth was also caught, a bass that weighed 15.67 pounds.

2024 Toledo Bend hosted The Major League Bass Fishing Tour stage 1, as well as the Bass Master Elite Series.

web site www.motown-storage.com owner/agent

Highlights

Mo Town Storage RV and Boat Storage Toledo Bend Investment. 100% occupied 12 14'x40' units located in the hear of Toledo Bend on the Louisiana Side. MO Town i located 1/4 from the main intersection of Hwy6 and Hwy 191 and minutes from dozens of boat launched and the lake itself.

Toledo Bend is the largest man-made body of water in the South, and the fifth largest in surface acres in the United States. From the dam site, the reservoir extends 65 miles upriver to Logansport, Louisiana, and inundates land in Sabine, Shelby, Panola, and Newton Counties in Texas, and Sabine and DeSoto Parishes in Louisiana.

Toledo Bend, with its 1,200 miles (1,900 km) of shoreline, offers a large variety of recreational activities and is a major element in serving the growing demand for water oriented outdoor recreation. Both private and public facilities are available for swimming, boating, picnicking, fishing, camping, hunting, and sightseeing. The reservoir is a popular location for freshwater fishing with MLF, Bassmaster Elite professional tournaments hosted in Toledo Bend.

Also has world class Golf Course and resort on the trail.

www.motown-storage.com owner/agent

Listing Contacts

MH
LA 440000497
NAI Rampart
Listed by NAI Rampart

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$26,000.00
$2,166.67/mo

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DSCR
7.51%
Cap Rate
7.51%
ROI

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Additional Information

Name
Mo Hannie
License
440000497
Brokerage
NAI Rampart
Brokerage Phone
3372984808
Title
Louisiana
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