Catylist ID:
#30381728
COVINGTON, LA. HIGHWAY 190 LAND DEVELOPMENT
Multi-Family
for Sale
Catylist Listing ID: | 30381728 |
Property Subtypes: | Low-Rise/Garden, Mid-Rise, Senior Living |
Number of Units: | 100 Units |
Building Size (RSF): | 100,000 SF |
Gross Building Area: | See Agent |
Gross Land Area: | 5.75 Acres |
Sale Price: | $2,295,000 |
Unit Price: | $22,950 Per Unit |
Property Use Type: | Investment |
Sale Terms: | Cash to Seller, Owner Financing |
Cap Rate: | Undisclosed |
Last Updated: | 3/20/2024 |
Overview / Comments
Updated: JANUARY 17, 2024 New Price: $2,295,000, price does include 2 townhomes in rear. This site is adjacent to 5 Hotel chains and has just been re-listed and has approx. 5.755 acres of commercial land. It is still one piece of property, and hasn't been re-subdivided, so a buyer can do as he or she wants. The ownership has cleared, filled, and partially developed the site. No wetlands, high and dry site. This asking price "Does include", the Two (2) Townhomes. Adjacent properties are Townhome Completed Development, on the WestSide, and Hotels, plural on the Eastside. Within Holiday Boulevard, Racetrac Gas Station fronting Hwy. 190 & 1-12 Interstate, NorthPark to the North, New National Retail Development across the street, High Rise Office Towers also to the North. Close to Interstate, proven Hospitality sites, there are 4 Hotels on Holiday that are built within the last 10 years and could be another site for hotels, a School, a St. Tammany Parish Government building, Fortune 500 Company multi-store Office site, mini-storage site, etc.. Buyer to confirm utilities present within inspection period of written Buy/Sell agreement. |
Attachments & Media
Additional Details
Nearest MSA: | New Orleans-Metairie |
County: | Saint Tammany |
Tax ID/APN: | 1071421384 |
Zoning: | COMMERCIAL |
Property Located Between: | Highway 190 at Holiday Boulevard |
Site Description: | Cleared, filled, concrete roadways, and utilities. |
Lot Frontage: | 395.84' |
Lot Depth: | 602' |
Water Service: | Municipal |
Sewer Type: | Municipal |
Demographic Statistics
Proximity: | 1 mile | 3 miles | 5 miles |
---|---|---|---|
Total Population: | 7,021 | 34,044 | 74,681 |
Median Age: | 37.02 | 41.82 | 39.92 |
Households: | 2,681 | 13,276 | 28,232 |
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