Aiden Drive Apartments

Multi-Family for Sale
Catylist Listing ID: 30377137
Property Subtypes: Duplex/Fourplex
Number of Units: 12 Units
Building Size (RSF): 16,360 SF
Gross Building Area: See Agent
Sale Price: $1,700,000
Unit Price: $141,666.67 Per Unit
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 12/4/2019

Overview / Comments

There are 3- 4 plex developed apartments that consist of 2-1bd/rm, 6-2bd/rm and 4-3 bd/rm. Also comes with 4 other lots that are ready for development and already approved. There are two lots in the front entrance that can best be used as commercial development, Also there is one other lot that has a metal shop on that can be developed also. Great location off S. Airport Rd.near Exit 42 on I-12.

Additional Details

Nearest MSA: Hammond
County: Tangipahoa
Submarket/Township: 84
Tax ID/APN: 2008505.000000000000000
Zoning: N/A
Property Located Between: I-12 and S. Airport Rd.
Highway Access: I-12 is located approximately 1 mile north of property.
Airports: Hammond Municipal Airport 3 miles
Site Description: All utilities are underground, street lights, concrete streets. Each unit has parking for 1 inside garage and 1 to 2 outside.
Area Description: Area is in mixed residential and industrial business area.
Total Number of Buildings: 4
Property Condition: Good
Number of Stories: 2
Year Built: 2008
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Brick and Hardy board siding
Parking Ratio: 2 (per 1000 SF)
Parking Type: Other
Parking Description: Single car garage
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Other
Internet Access: Cable, DSL, Satellite
Interior Description: Granite counter tops. Most floors are ceramic tile. Some carpet, Ceiling fans
Zoning Description: N/A
Water Service: Municipal
Sewer Type: Other
Easements: Electric Lines, Utilities
Land Ownership: Owned
Legal Description: 3.35 A being lot 3 in SW1/4 of Sec 4 T7SR8E B379 P126 B335 P437 B987 P758 B1213 P883 B1218 P399 B1247 P187 B1262 P31 Map 987/758 1076/893 1080/472 1085/779

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 20,271 46,406
Median Age: 34.43 32.14
Households: 7,868 17,482

Contact

Photograph of Listing Agent

Robbie Lipscomb

Keller Williams Realty Services 94
Ponchatoula, LA
LACDB Member
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