46434 W LEE HUGHES Road
Property Description
Located in the heart of Hammond, Westview Village Apartments at 46434 W. Lee Hughes Road presents an outstanding multifamily investment opportunity featuring 24 fully occupied units, each offering 2 bedrooms and 1 bathroom. Situated on approximately 1.85 acres, this well-maintained complex consists of three buildings constructed on concrete slabs with attractive brick and vinyl siding exteriors. The asphalt shingle roofs were replaced approximately three years ago, providing added value and peace of mind for future ownership. The property offers desirable tenant amenities including an on-site coin-operated laundry facility and eight additional storage units currently utilized by ownership, creating potential for additional rental income. A large concrete parking area provides convenient access and ample parking for residents and guests alike. Utilities include parish water service with a single master meter, a septic sewer system, and there is an office space available for ownership as well. Westview Village benefits from a highly convenient location just minutes from Interstate 55 and Interstate 12, allowing easy commutes to both Baton Rouge and New Orleans. The property is also located near Southeastern Louisiana University, local schools, shopping, restaurants, medical facilities, parks, and numerous everyday conveniences, making it highly attractive to tenants. With strong occupancy, a stable tenant base, and opportunities for increased revenue, Westview Village offers investors a reliable income-producing asset in one of Tangipahoa Parish's most desirable rental markets. 7% CAP!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,150,000 |
| No. of Units: | 1 |
| Year Built: | 1998 |
| Lot Size: | 17,513.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $2,150,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NOMARLA-2559117
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