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Cottage, Apartment Complex - Hammond, LA
Located in Hammond, Louisiana, 11581 Ami Lane offers a prime multifamily investment opportunity with 8 fully occupied units, each featuring 2 bedrooms, 2 bathrooms, and washer/dryer hookups. The property spans 2.81 acres, allowing for future expansion. The well-maintained complex includes duplex buildings on concrete slabs, asphalt shingle roofs, and vinyl siding exteriors, with screened-in back patios for residents. Concrete parking spots and gravel roads ensure easy access and parking. Reliable utilities are provided through parish water service and a septic sewer system.
The location is ideal for commuters, just minutes from Interstate 55 and Interstate 12, facilitating travel to Baton Rouge and New Orleans. It’s also near local schools and universities, such as Southeastern Louisiana University, making it suitable for faculty and students. The area is rich in commercial amenities, inc...
The location is ideal for commuters, just minutes from Interstate 55 and Interstate 12, facilitating travel to Baton Rouge and New Orleans. It’s also near local schools and universities, such as Southeastern Louisiana University, making it suitable for faculty and students. The area is rich in commercial amenities, including Hammond Square Mall, grocery stores, and various dining options. Recreational activities, parks, and medical facilities further enhance the property’s appeal.
This property offers a reliable income stream with expansion possibilities, supported by a solid tenant base. For investors seeking more opportunities, it can be sold with 14106 W Club deluxe Road, another fully occupied 8-unit complex, totaling 16 units for $1,600,000. This combined package presents substantial income potential in a growing market.
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