Contacts
Cameron Griffin
The McEnery Company
(504) 535-5680
Property Details
- Property Type Multi-Family
- Property Size 19,940 SF
- Units 12
- Date Updated Mar 28, 2024
The portfolio is a meticulously maintained 12-unit multifamily portfolio in Ponchatoula, LA, constructed in 2007. Boasting with low turnover history + strong tenant retention, the turnkey properties offer immediate cash flow. The twelve (12) units are comprised of Eight (8) 2 bedroom / 2 bath units, along with Four (4) 3 bedroom / 2 bath units, this diverse portfolio ensures stability. The Seller sweetens the deal with the option to acquire two undeveloped lots for potentially more unit development. Each unit, featuring a one-car garage and fenced backyard, appeals to tenants, bolstering property value and future development to the immediate area. There is also a Snap Fitness & BBQ Restaurant in the shopping center at the front of Village Oaks. This strategic investment not only delivers present returns, but positions the buyer for future potential gains through rent increases and property appreciation. Seize this opportunity for a well-rounded investment in the thriving Ponchatoula market.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
-
15/100
Walk Score ®
-
30/100
Bike Score ®
Location
- City Ponchatoula, LA
- Neighborhood Ponchatoula
- Zip Code 70454
- Market New Orleans
Points of Interest
-
Hammond
4.96 miles
-
Racetrac Gas Station
3.32 miles
-
Shell
3.40 miles
-
RaceTrac Gas Station
4.28 miles
-
Q's Seafood & Deli
4.35 miles
-
Dave's Full Services Automotive
4.69 miles
-
Johnny's Conoco
4.78 miles
-
Circle K
4.78 miles
-
Quinn's Service Station
4.80 miles
-
Rende's Quick Stop
5.91 miles
-
Texaco
6.94 miles
-
Upperclass Parking Garage
5.41 miles
-
Microtel Inn & Suites by Wyndham Ponchatoula/Hammond
2.01 miles
-
Colonial Inn Hammond
3.06 miles
-
Days Inn Hammond
3.14 miles
-
Surestay Plus Hotel By Best Western Hammond
3.23 miles
-
Quality Inn
3.25 miles
-
Holiday Inn Hammond
3.36 miles
-
Courtyard by Marriott Hammond
3.73 miles
-
Historic Michabelle Inn
4.04 miles
-
Baymont Inn & Suites by Wyndham Hammond
4.27 miles
-
Calloway Inn and Suites
4.53 miles
-
Walmart Supercenter
1.99 miles
-
Dillard's
3.38 miles
-
Academy Sports
3.74 miles
-
Piggly Wiggly
4.54 miles
-
Rouses
5.78 miles
-
Walmart Supercenter
5.90 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Cameron Griffin
The McEnery Company
(504) 535-5680