Covington, La. Lots for Residential Development

Vacant Land for Sale
Catylist Listing ID: 30383253
Property Subtypes: Multi-Family, Residential (Single Family), Other
Gross Land Area: 999 Acres
Sale Price: $180,000
Unit Price: $180.18 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2019

Overview / Comments

This Residential Development offering 15 lots or $12,000 per lot
Unbelievable price per lot and are cleared, filled, hard serviced roadways in, and all utilities are present and ready to go.
The Abita View Apartment complex which has over 180 units+/- are at 95% leased, and are adjacent to this site. This site has also put in a pool and cabana. The original developer and contractor had legal issues, but as of November/2018, the law suit has been settled, and recorded in the St. Tammany Parish court house, and the ownership just wants out, after going thru all of that.
So, any builder, developer can now be the one to make a home run on this very well located site.
Call Bryan Pigeon Cell#985)789-1816 for further details. All plans and specifications have been approved, and building can commence.

$12,000.00 per lot or $180,000.00

All is ready. Sites have already been approved for residential development.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Tax ID/APN: 1070147826
Zoning: RESIDENTIAL APARTMENTS
Property Located Between: Riverview and 12th street
Property Visibility: Excellent
Largest Nearby Street: Highway 190 & Interstate 12
Feet of Frontage: 100
Lot Frontage: 100'
Lot Depth: 999
Topography: Level
Easements: Ingress/Egress
Soil Type: Clay
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,255 25,363 52,986
Median Age: 37.23 38.16 40.76
Households: 2,392 9,905 20,244

Contact

Photograph of Listing Agent

Bryan D Pigeon

GARDNER REALTORS Mandeville Mandeville, LA 70448
LACDB Member
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