212 Church St, Chataignier, LA 70524
$585,000
212 Church Street, Chataignier, LA 70524
7.39
Cap Rate
48,040
NOI
Details:
Description:
This is a 15 unit building originally designed as a retirement center. It can be used as either, a market rate multifamily or as a retirement community. - Low Maintenance - Affordable Housing Opportunity - Class B - Laundromat for additional Income - Manager's office - Surplus land for additional units - 18 minutes from LSU-Eunice - Large congregation/media room - Could be senior living
Chataignier is a city in Evangeline Parish, Louisiana, United States. The population was 364 at the 2010 census according to Wikipedia. Although Chataignier is a small city, it is nestled in the center of a triangle made up of three major cities in Louisiana. Lafayette, Alexandria and Lake Charles. Not to mentioned at only 18 minutes from LSU at Eunice.
The building is a double winged straight shot design sitting on three acres of pristine open space. This surplus of land could serve for additional units, amenities or other mixed use development. Some restrictions may apply.
Location
