4547 CYPRESS STREET,  West Monroe LA, 71291

(Active)
$2,600,000
|
1 baths, 17,035 sqft
|
MLS# 189831
1of
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Last Updated: 7/5/2020 9:01 AM
Description for 4547 CYPRESS STREET West Monroe, LA 71291
NEW!! Opened January 2019. Excellent I-20 Exposure!! 136 Units. 17,035 SF @ 2.313 +\- Acres. Parcels #88180\88181\88182. 100% Climate Controlled. 100% LED Lighting. Security Camera\Systems in place. 4" Closed Cell Foam Insulation. On-Site Manager's Office & Drop Box. Commercial Lease @ with P&M Hardware @$4000\mo - 3 Yrs remaining - 5 Yr Term. Option to renew at 5 Yrs or $50,000 Buy Out. **Gross Revenue\Cash Flow presented in Executive Summary is modeled after Seller's main storage location at 708 N 29th St. Development of this new business carries potential to exceed 708 N 29th's numbers. On-site commercial lease in place helps off-set absorption rate of growth season. The information, calculations and data presented in these reports are believed to be accurate but are not guaranteed. The information contained in this report shall not be considered as a substitution for legal, accounting or other professional advice. Please seek proper legal and tax advice as appropriate before making investments. Upon acceptance of offer\LOI - detailed financial\production reports will be released during due diligence period. For more information or to schedule a tour, please contact listing agent...
Price
$2,600,000
OTHER
1
17,035 (approx)
189831
Active
Description
NEW!! Opened January 2019. Excellent I-20 Exposure!! 136 Units. 17,035 SF @ 2.313 +\- Acres. Parcels #88180\88181\88182. 100% Climate Controlled. 100% LED Lighting. Security Camera\Systems in place. 4" Closed Cell Foam Insulation. On-Site Manager's Office & Drop Box. Commercial Lease @ with P&M Hardware @$4000\mo - 3 Yrs remaining - 5 Yr Term. Option to renew at 5 Yrs or $50,000 Buy Out. **Gross Revenue\Cash Flow presented in Executive Summary is modeled after Seller's main storage location at 708 N 29th St. Development of this new business carries potential to exceed 708 N 29th's numbers. On-site commercial lease in place helps off-set absorption rate of growth season. The information, calculations and data presented in these reports are believed to be accurate but are not guaranteed. The information contained in this report shall not be considered as a substitution for legal, accounting or other professional advice. Please seek proper legal and tax advice as appropriate before making investments. Upon acceptance of offer\LOI - detailed financial\production reports will be released during due diligence period. For more information or to schedule a tour, please contact listing agent...
Listing Information
Property Type: Other
1 2.3 Acres
17,035 (approx) $152.63 Metal
OTHER
Public Sewer,Public Water
136 Total
Neighborhood
Room Information
Interior Features
Concrete
Electric
Electric Heating
Extra Storage,Security System,Telephone System
Exterior / Lot Features
Parking/1 - 9 Spaces
Metal
Metal
2.3 +/- acres
B-3
Lighting/Security, Located in Parish
Financial Considerations
Cash,Conventional,Owner Finance
Listing Price History

West Monroe Real Estate

West Monroe is located in Louisiana. West Monroe, Louisiana 71291 has a population of 13,360.

The median household income in West Monroe, Louisiana 71291 is $43,353. The median household income for the surrounding county is $36,222 compared to the national median of $50,013. The median age of people living in West Monroe 71291 is 35 years.

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Courtesy: John Rea Realty
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This content last refreshed on 7/5/2020 9:01 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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