113 DANOS LANE
Belle Chasse, LA 70037
14474 sqft | 2.00 acres | #2479836
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!
Property Details
- Lot DescriptionCityLot, OversizedLot
- Property SubtypeCommercialSale
- CountyPlaquemines
- Sewer InformationSepticTank
- Original List Price$1,250,000
- Property TypePurchase
- MLS #2479836
- Cost1250000
- MLS #2479836
- Utility SourcePublic
- Square Feet14474
- Structure TypeOther
- Year Built1993
- Acres2
Location
Legal
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Last Updated: . Source: GSREIN
Listing Courtesy
Listing Agent: Blake Rose (#ROSEBLAK)
Listing Office: Berkshire Hathaway HomeServices Preferred, REALTOR (#STCO03)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
