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16052 Lamonte Drive
Hammond, LA 70403

$825,000 - Status: Active
MLS# 2565459

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.

Property Features

MLS#: 2565459
Zip: 70403
Subdivision: Commercial Park
Development:
Property Type: Commercial - Warehouse
Days on Site: 14
Lot Size: 0.97 acres
Stories: 1.0

Feature Descriptions

Exterior: Metal Siding
Lot Description: City Lot, Rectangular Lot
Lot Dimensions: 257x193x255x139
Parking: None
Sewer: Public Sewer
Water: Public

16052 Lamonte Drive | MLS# 2565459

This commercial property located at 16052 Lamonte Drive , Hammond, LA 70403 is currently listed for sale with an asking price of $825,000. Search Hammond real estate on www.wendybenedetto.com today.

Listed By / Shown By

Listed By

Agency Name: NextHome Real Estate Professionals
Agency Phone: (985) 429-0777

Shown By

Agency Title: Wendy Benedetto, LLC
Agency Phone: (504) 382-7492

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