About This Home
This 0-bedroom, 0-bathroom commercial at 16052 Lamonte Drive in Hammond, LA is listed for $825,000 ($47 per sqft). Built in 1994, the home offers 17,370 sqft of living space on a 0.97 acres lot.
Key Features
- Built in 1994
- 0.97 acre lot
Property Details
Turnkey self-storage investment opportunity in growing Hammond, LA. Storage Boss is a 120-unit, drive-up (non-climate) facility offering 17,150 net rentable SF across six buildings on a 0.97-acre site along the I-12/I-55 corridor in Tangipahoa Parish.
The property is stabilized at approximately 90% occupancy with a diversified unit mix and multiple income streams, including tenant insurance, admin, late, and auction fees. Offered at $825,000 — $75,000 below the $900,000 appraised value — reflecting a 7.68% going-in cap rate on a stabilized NOI of $63,395.
Clear upside remains through below-market in-place rents, lease-up of available units, and owner-operator efficiencies. A clean, low-maintenance asset ideal for a regional operator or first-time storage investor. Financials and offering package available upon request. Each office is independently owned and operated.
Monthly Cost Estimate
$4,412/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
16052 Lamonte Drive
Hammond, LA 70403
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 16052 Lamonte Drive is listed at $825,000 ($47/sqft). The estimated monthly payment is $4,413 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1994, 0.97 acre lot.
This property is listed by Jeannie Crayton and can be reached at 9859691153.
