Approved Apartment Site in St. Tammany Parish

Withdrawn Vacant Land for Sale
Catylist Listing ID: 29738647
Property Subtypes: Multi-Family
Gross Land Area: 16.91 Acres
Sale Price: $2,600,000
Unit Price: $153,755 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Withdrawn On: 11/15/2017
Last Updated: 11/15/2017

Overview / Comments

This is a St. Tammany Parish approved 210 Unit Apartment site located in the new Tamanend Development in the center of St. Tammany Parish. WREDC has master planned 850 acres. All wetlands, sewer and water and traffic impacts have already been taken care of. Once the purchaser closes all they have left to do is have their plans approved by WREDCO, apply for their building permit and begin construction. The master planned community with have a town center, office park and residential lots available. The new community college just broke ground in the development. The Emergency Management office will also be located in the development.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Market Type: Medium
Property Located Between: Within the development on Highway 434
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Highway 434
Transportation: Highway
Highway Access: Highway 434 is in front of the property and I-12 is within a few miles
Zoning Description: Zoned for Multi Family
Development Name: Tamanend
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,527 17,322
Median Age: 41.19 40.42
Households: 943 6,582


Photograph of Listing Agent

Terrie Hughes

Gulf States Real Estate Services,LLC
Covington, LA
LACDB Member
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