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Traditional, Apartment Complex - Hammond, LA
Presenting a prime multifamily investment opportunity in Hammond, Louisiana, at 14106 W Club Deluxe Road. This fully occupied apartment complex features 8 units, each with 2 bedrooms, 1 bathroom, and washer/dryer hookups. Situated on a well-maintained 1-acre site, it includes concrete streets and parking spots, ensuring easy access and ample parking. The duplex buildings are on durable concrete slabs with asphalt shingle roofs, covered porches, and a brick veneer exterior, offering low maintenance and long-term value.
Strategically located near key roadways and major interstates, the complex provides easy access to Interstate 12, Interstate 55 and Highway 190, ensuring a quick commute to Baton Rouge and New Orleans. Hammond is a vibrant city with local schools and universities, including Southeastern Louisiana University, making it ideal for students, faculty, and staff.
The surrounding ar...
The surrounding area offers commercial amenities like shopping centers, dining establishments, grocery stores, and professional services. Residents can enjoy the Hammond Square Mall and various retail options, while local restaurants and cafes provide diverse dining experiences. The property is also close to parks and recreational facilities, appealing to tenants seeking a balanced lifestyle.
Utilities are connected to city water, sewer, and trash services, ensuring reliable services for tenants. The property is within Flood Zone X, indicating low flood risk, making it an attractive option for renters and a solid investment in a growing market.
With its prime location, strong rental history, and potential for long-term appreciation, this property is perfect for investors looking to expand their multifamily holdings. Whether purchased individually or as part of a 16 unit package with Ami Lane for $1,600,000, this complex is an excellent opportunity to acquire an income-generating asset providing a stable income stream from its fully occupied units.
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