$975,000
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28960 Highland Dr Walker, LA 70785
Multi-Family
Residence
Beds
Baths
Sq. Ft.
0.94
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Situated on a sprawling acre of land, this charming apartment complex comprises four buildings, including three triplexes and one duplex, offering a total of 11 doors for potential tenants. Nestled within the tranquil confines of a 1-acre lot, measuring 263.8x330.4, these units boast cozy living spa...ces averaging 900 square feet, each containing 2 bedrooms and 1 full bath. Building 1 showcases an estimated living area of 2,833 square feet, complemented by spacious 400-square-foot front and back porches. Building 2, a duplex offers approximately 1,635 square feet of living space alongside inviting 230-square-foot front and back porches. Meanwhile, Buildings 3 and 4 each offer an estimated living area of 2,452.8 square feet, enhanced by expansive 346-square-foot front and back porches. Despite a current vacancy in Unit K, the complex maintains a current robust 90% occupancy rate, with efforts underway to swiftly fill the last unit. Managed internally, the property features convenient amenities such as a coin-operated laundry facility adjacent to Unit A, equipped with two washers and two dryers, all replaced in 2023. Maintenance is a top priority, with 10 serviced AC units and annual inspections ensuring optimal functionality. This is a lucrative investment opportunity. Showings will be scheduled post-offer acceptance, providing a firsthand glimpse into the potential of this remarkable property. Did not flood, does not require flood insurance, flood zone X.
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MLS#
2024007060
Property Type
Multi-Family
Price per Sq. Ft.
$81.14
Lot Size
0.94
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