

North Shore Mini Storage (Seller Financing)
Value-Add Upside Potential | 7.05% Proforma CAP
Marketing description
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me".
Calvary Realty is pleased to present North Shore Mini Storage, a well-positioned Self-Storage facility located at 4466 Pontchartrain Drive, Slidell, Louisiana. Situated within the New Orleans–Metairie Metropolitan Statistical Area, which is home to over 966,000 residents, the property is offered at $795,000, reflecting an existing cap rate of 4.56% and a price per square foot of $66.89.
Constructed in 1992, the facility sits on three acres and features two metal and wood buildings. It offers 11,886 rentable square feet of storage space and 100 units across two stories, with current physical occupancy at 72% (Not Including 16 Owner owner-occupied units), presenting immediate value-add potential through lease-up and operational optimization.
Strategically located along Pontchartrain Drive, the property benefits from excellent visibility and convenient access to U.S. Highway 11 and Interstate 10, with a daily traffic count of 8,018 vehicles. North Shore Mini Storage serves a stable and growing regional economy characterized by limited new construction, strong institutional demand, and a favorable supply-demand imbalance for Self-Storage.
Additional highlights include 24-hour tenant access, enhanced security systems, and proximity to the New Orleans market, providing investors with a resilient, income-producing asset in a recession-resistant asset class.
Investment highlights
•High Traffic Count 8,018 Vehicles Per Day
•Located on “Highway 11”, Pontchartrain Drive
•New Orleans Metropolitan Area
•Dense Population With 62,000 Residents Within 5 Mile Radius
•High Household Income of $85K Within 1-Mile Radius
•Value-Add Upside Potential
•Limited Competition Within 1-Mile Radius
•24-Hour Tenant Access
•Limited Competition Within 1-Mile Radius
•Enhanced Security Systems
•Premium Location on Lake Pontchartrain
•Proximity to Prestigious Housing Developments Such as “The Moorings”
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