For Sale, USD 1,250,000
113-145 Danos Lane, Belle Chasse LA 70037, Belle Chasse, Louisiana, United States
Property Type : Commercial
Property Style : N/A
Build Size : 14,474 ft² / 1,345 m²
Land Size : N/A
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
Large, compelling multifamily investment opportunity in Belle Chasse with a:
8.3% CAP RATE!!! HIGHLY MOTIVATED SELLER!!!
All units are leased (except for one currently being refurbished) and stay 100% leased, each unit totally furnished with all utilities paid for tenants on a monthly basis, all metered separately for water, power, and sewer (and gas, if available). All units except 1 have newer roofs. Collecting $19,350/month in rent once the final unit is finished being refurbished. Lots of industrial development and local, high-paying blue collar jobs means this complex will stay rented and generate income for many years down the line. Please call to arrange your showing today!