Home > Commercial > Louisiana > Ponchatoula > 70454 > 20641 Ridgelake Rd

20641 Ridgelake Rd, Ponchatoula, LA 70454

Commercial property for sale

  • Description
  • Rental Income Investment - Ponchatoula, LA Three Rental Houses available for sale as a package: 1 - 3bed/2bath, 2- 2bed/2bath Each structure is ~3years old. Annual Leases Immediate Cash Flow Opportunities. - Occupancy: 100% - GOI: $28,500.00 - Expenses: $4,217.03 - NOI: $24,282.97 Asking: $275,000.00 (Average price per unit: $91,667). The units are located in two residential subdivisions of Ponchatoula, LA. The demographics are primarily working families supporting Hammond's various industries and college students attending Southeastern Louisiana University. Market dynamics lend to high demand for rentals. Additionally, all three houses are located in one of the preferred school districts. Well preforming assets for both entry level and seasoned investors interested in enhancing portfolio returns. There are potentially more units available if interested. Contact agent to discuss. Building price details: $275,000.
  • Property Details
  • Property Type: Multifamily
    Status: Available
    Price: $ 91,667 +/Unit
    MSA: Hammond
    Zoning: residential
    Buildings: 1
    Terms: Cash to Seller
    Added: 03/24/2012
    Last Update: 06/12/2012
  • Contact info
  • 504-733-4555 [Office]
  • Note

  • Details Info about this row that located on 20641 Ridgelake Rd, Ponchatoula, LA 70454 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

    If you see any error or mismatches on this page – click here.