Published on: Wednesday, July 31, 2024
Updated on: Thursday, September 5, 2024
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About the Lister
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Name: Chris Talbot
Company: Talbot Realty Group
Office Phone: (504) 319-1452
Cell Phone: (504) 319-1452
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  21-Units and 2.16 Acres Vacant Land!
50007 Kevin Dr, Tickfaw, LA 70466 Tickfaw Louisiana , 70466
50007 Kevin Dr, Tickfaw, LA 70466 Tickfaw Louisiana , 70466  Talbot Realty Group
Listing ID: CL-Louisiana-11135

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Louisiana-11135
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 95%
Year Build: N/A
Building Size: 19,296.00 SqFt
Lot Size: 4.00 Acre
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
  • Download | 21 Units_Tickfaw Offering 08.14.24 9AM.pdf ( 13,669.81KB)
Listing Summary
Talbot Realty Group is pleased to present this 21-unit apartment community and 2.16 acres of vacant land located in Tickfaw, LA.
Complete Details
Year Build: N/A
Building Size: 19,296 SqFt.
No of Stories: 1
Total Lot Area: 4 Acre
No of Parking: N/A
No of Total Units: 21
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 95%
Full Description
Talbot Realty Group is pleased to present this 21-unit apartment community and 2.16 acres of vacant land located in Tickfaw, LA. The property is well-maintained, neat, and clean, currently generating cash flow with potential for further grown. The complex offers a monthly income of $14,421, equating to $173,052 annually. Situated on 4.2 acres, with an additional 2.16 acres of vacant land, this property presents excellent opportunities for future development. Plans are available for 24 additional units (12 buildings). Delivered with 1 unit vacant, it allows the new owner to set a market rent for an in-demand product. Owner Financing Available.
Additional Properties
Property Highlights
  • Value-Add Opportunity: Plans for 24 additional units are available. Contact theagent for more details.
  • Owner Financing: Bond forDeed Available
  • Monthly Income: $14,421
  • Annual Income: $173,052
  • Expenses: $3,428/month
Listing Location
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