$110,000
22.1 Acres with Over 2,200 Ft of River Frontage on Bogue Chitto – Parcel D
Franklinton, Louisiana
Soft OfferLand for Sale in Tickfaw Louisiana 70466
50007 Kevin Dr, Tickfaw, LA 70466, Tickfaw, Louisiana 70466
$1,395,000
$72 / sq ft Listed Jul 31, 2024
19,296 sqft
Building
4 acres
Lot
1
Stories
21
Units
Class B
Class
About this property
Land for Sale in Tickfaw Louisiana 70466 is a multifamily for sale in Tickfaw, Louisiana, listed at $1,395,000. Key details: building size 19,296 sqft, lot size 4 acres, stories 1, total units 21. Listed by Chris Talbot of Talbot Realty Group on LoopingCloud and last updated September 5, 2024.
Talbot Realty Group is pleased to present this 21-unit apartment community and 2.16 acres of vacant land located in Tickfaw, LA. The property is well-maintained, neat, and clean, currently generating cash flow with potential for further grown. The complex offers a monthly income of $14,421, equating to $173,052 annually. Situated on 4.2 acres, with an additional 2.16 acres of vacant land, this property presents excellent opportunities for future development. Plans are available for 24 additional units (12 buildings). Delivered with 1 unit vacant, it allows the new owner to set a market rent for an in-demand product.
Owner Financing Available.
Key highlights
- Owner Financing Bond forDeed Available
- Monthly Income $14,421
- Annual Income $173,052
- Expenses $3,428/month
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Building Size
- 19,296 sqft
- Lot Size
- 4 acres
- Stories
- 1
- Total Units
- 21
- Building Class
- Class B
- Occupancy
- 95%
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$72
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $1,395,000 | - | - | - | - |
Features and amenities
Highlights
- Value-Add Opportunity: Plans for 24 additional units are available. Contact theagent for more details.
- Owner Financing: Bond forDeed Available
- Monthly Income: $14,421
- Annual Income: $173,052
- Expenses: $3,428/month
Location
Address as shown by the lister.
Get directionsAbout this area - Tickfaw
- Population
- 6,455
- Housing units
- 2,619
- Land area
- 30.0 sq mi
- County
- Tangipahoa
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadFrequently asked questions
What is the asking price of Land for Sale in Tickfaw Louisiana 70466?
Land for Sale in Tickfaw Louisiana 70466 is listed at $1,395,000. That works out to about $72 per square foot.
Where is Land for Sale in Tickfaw Louisiana 70466 located?
The property is in 50007 Kevin Dr, Tickfaw, LA 70466, Tickfaw, Louisiana 70466, Tangipahoa County.
What type of property is this?
This is a multifamily for sale in the commercial category.
How big is the property?
The building is 19,296 sqft. The lot is 4 acres.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Chris Talbot of Talbot Realty Group listed this property. Use the Request Info button to send a message or call (504) 319-1452.
When was this listing published?
It was published on July 31, 2024 and last updated on September 5, 2024.
Listing information
- Listing ID
- CL-Louisiana-11135
- Published
- Jul 31, 2024
- Last updated
- Sep 5, 2024
- Views
- 397
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