40279 LA 23 - Apartments FOR SALE


Boothville, LA 70038
$800,000 USD
504-782-9373
40279 LA 23, Boothville, LA for Sale
$800,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

40279 LA 23
Boothville, LA 70038


HIGHLIGHTS

  • Great Multi-Family Investment Opportunity!
  • Renovated in 2005.
  • Already Furnished with Appliances!

OVERVIEW

Fantastic opportunity to own your own investment property in a spectacular Sportsman’s Paradise Location. This 6-unit apartment building was renovated after Hurricane Katrina in 2005. Each furnished unit has a full built in kitchen including granite counter tops and wooden cabinets, dishwasher, disposal, ice mkaer, microwave, range/oven, refrigerator/freezer, and washer/dryer. 5 units have 2 bedrooms & 2 full bathrooms w/approx. 744 sq. ft.; 1 unit has 1 bedroom & 1 full bathroom w/approx. 521 sq. ft. Rear storage area w/approx. 100 sq. ft. 2 RV hookups at the rear. Great positive cash flow and currently booked for the year! Insurance is approx. $17,500. a year on building.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$184 USD /SF

# OF UNITS

6

PRICE/UNIT

$133,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

1744548

ASK ABOUT THIS PROPERTY

Ron PatronColdwell Banker CommercialMore Info
504-782-9373

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Ron PatronColdwell Banker CommercialMore Info
504-782-9373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.