Hammond Multifamily Investment
For Sale
Contact for pricing
11581 Ami Ln, Hammond, LA 70401
Fully occupied 8-unit complex with expansion potential on 2.81 acres.
Property SizeContact for details
Lot Size2.81 Acres
Days on Market180
Property Features for 11581 Ami Ln
General Information
Standard status
Active
Lot size
2.81 Acres
Property subtype
Multifamily
Building Details
Year Built
2002
Units
7200
Listing Agency:
Elite Real Estate Advisors
(985) 542-7601
Listed By:
Sergio Mesa · License #912124506
Source:
Crexi
Added: Feb 23
Changed: Aug 14
Last Checked: Aug 20 at 7:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite Real Estate Advisors
Investment Insights
Based on property information with market context.
Located in Hammond, Louisiana, the property at 11581 Ami Lane presents a multifamily investment opportunity. The complex features 8 fully occupied units, each with 2 bedrooms, 2 bathrooms, and washer/dryer hookups. Situated on a 2.81-acre lot, the property offers potential for future expansion. The well-maintained complex consists of duplex buildings constructed on concrete slabs, with asphalt shingle roofs and vinyl siding exteriors. Residents can enjoy screened-in back patios. Concrete parking spots and gravel roads provide convenient access and parking. Utilities include parish water service and a septic sewer system. The location is advantageous for commuters, with easy access to Interstate 55 and Interstate 12, facilitating travel to Baton Rouge and New Orleans. Proximity to local schools and universities, including Southeastern Louisiana University, makes it suitable for faculty and students. The surrounding area offers various commercial amenities, such as Hammond Square Mall, grocery stores, and dining options. Recreational activities, parks, and medical facilities are also nearby. The property provides a reliable income stream with expansion possibilities, supported by a solid tenant base. An option exists to purchase this property with another fully occupied 8-unit complex at 14106 W Club deluxe Road, totaling 16 units.
Key Highlights
- Fully occupied 8‑unit multifamily property providing a reliable income stream.
- Prime location near Interstate 55 and Interstate 12, facilitating commutes to Baton Rouge and New Orleans.
- 2.81‑acre lot allows for future expansion of the complex.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
Demographics for 70401, LA
21,014
Population
10,321
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
88%
High-School Grad
34.7 sq mi
ZIP Area
606
Density / Sq Mi
$50,995
Median Household Income
$31,405
Median Earnings
$977
Median Rent
$226,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied 8-unit complex with expansion potential on 2.81 acres.
Where is this apartment building located?
The property is located at 11581 Ami Ln Hammond, LA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Fully occupied 8‑unit multifamily property providing a reliable income stream.; Prime location near Interstate 55 and Interstate 12, facilitating commutes to Baton Rouge and New Orleans.; 2.81‑acre lot allows for future expansion of the complex.
