Listing Courtesy of: Bryce Danna-Marullo - Bridgewater Realty Advisors, LLC
504-301-5583
$2,500,000
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4289-93 LAC SAINT PIERRE Drive Harvey, LA 70058
Apartment
Residence
48
Beds
48
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
SELLER FINANCING OFFERED. 100% occupied 24-unit multi-family property located in Harvey, LA. This well-maintained 24-unit complex consists of a mix of 2 bed 1.5 bath units and 2 bed 2 bath units and includes 4 parcels of vacant land to build additional units. Based on market rent comparables include...d in this OM, there is room to increase rental rates to $1,350/mo. Each unit is condo’d. Harvey is a highly desirable market for both renters and investors alike. Multifamily properties in Harvey generally experience lower turnover and rent out extremely quick and 4289-93 Lac St. Pierre Drive is no exception. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations. Property amenities include a well-kept swimming pool, tennis court, washer & dryers in each unit, and ample parking for tenants. Our insurance broker advised it was only $400-500 additionally on the GL policy per year to insure the pool. In sum, 4289-93 Lac St. Pierre Drive represents an extraordinary investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.
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MLS#
2432818
Property Type
Apartment
Bedrooms
48
Bathrooms
32 Full/16 Half
Year Built
1984
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