Fully Occupied Multifamily Investment off Hwy 22 in Ponchatoula

12066 Carriage House Lane, Ponchatoula, LA

$3,600,000

Price

29,940 sqft

Building Size

5.01 acres

Lot Area

Overview
Building Size
29,940 sqft
Lot Area
5.01 acres
Occupancy
100%
Class
B
Units
30
Year Built
2002
Floors
2
Description

The Carriage House Apartments are fully occupied.

The property comprises 30 units across 9 buildings on ±5.01 acres.

There are dedicated parking lots adjacent to each building.

Full access to the property from Rosaryville Rd is available via Carriage House Lane.

The property enjoys just ±2 minute access to Hwy 22, a major thoroughfare from southwest of Sorrento to Mandeville.

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Highlights
  • Fully Occupied
  • 30 Units across 9 buildings on ±5.01 acres
  • Assumable Note opportunity
  • 6.4% Cap Rate

Location
Gallery