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Hammond Multifamily Investment Opportunity

14106 W Club Deluxe Rd, Hammond, LA 70403

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Fully occupied 8-unit apartment complex in Hammond, Louisiana.

Type:Multifamily

Property size:

7,500 SF

Lot size:

1.00 Acre

Price / SF:

$106/SF

HighLights

Fully occupied 8‑unit apartment complex, ensuring immediate income generation.
Strategically located near Interstate 12, Interstate 55 and Highway 190, providing easy access to Baton Rouge and New Orleans.
Low flood risk (Flood Zone X), enhancing tenant appeal and investment security.
Each unit includes 2 bedrooms, 1 bathroom, and washer/dryer hookups, meeting tenant needs.
Durable construction with concrete slabs, asphalt shingle roofs, brick veneer exterior, and concrete parking, minimizing maintenance.
Located near Southeastern Louisiana University, shopping centers, dining, and recreational facilities, attracting a diverse tenant base.

We can help!

Contact an agent

Sergio Mesa

For Sale

Contact for pricing

Fully occupied 8-unit apartment complex in Hammond, Louisiana.

Type:Multifamily

Property size:

7,500 SF

Lot size:

1.00 Acre

Price / SF:

$106/SF

Added:: Feb 23, 2026
Days on Market:: 134
Last Refresh:: Jun 28 at 7:47 pm

Property Features for 14106 W Club Deluxe Rd

General Information

Standard status: Active
Size: 7,500 SF
Lot size: 1.00 Acre
Property subtype: Multifamily

Building Details

Year Built: 1985

We can help!

Contact an agent

Sergio Mesa

Listing office Elite Real Estate Advisors

Listing date Feb 23, 2026

Source Crexi

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

HighLights

Fully occupied 8‑unit apartment complex, ensuring immediate income generation.
Strategically located near Interstate 12, Interstate 55 and Highway 190, providing easy access to Baton Rouge and New Orleans.
Low flood risk (Flood Zone X), enhancing tenant appeal and investment security.
Each unit includes 2 bedrooms, 1 bathroom, and washer/dryer hookups, meeting tenant needs.
Durable construction with concrete slabs, asphalt shingle roofs, brick veneer exterior, and concrete parking, minimizing maintenance.
Located near Southeastern Louisiana University, shopping centers, dining, and recreational facilities, attracting a diverse tenant base.

Overview

Located at 14106 W Club Deluxe Road in Hammond, Louisiana, this multifamily property presents a prime investment opportunity. The fully occupied apartment complex features 8 units, each containing 2 bedrooms, 1 bathroom, and washer/dryer hookups. The property is situated on a well-maintained 1-acre site with concrete streets and parking spots. The duplex buildings are constructed on durable concrete slabs and feature asphalt shingle roofs, covered porches, and a brick veneer exterior. The location provides easy access to Interstate 12, Interstate 55 and Highway 190, facilitating commutes to Baton Rouge and New Orleans. Hammond is home to local schools and universities, including Southeastern Louisiana University. The surrounding area offers commercial amenities such as shopping centers, dining establishments, grocery stores, and professional services, including the Hammond Square Mall. The property is also near parks and recreational facilities. Utilities include city water, sewer, and trash services. Located within Flood Zone X, the property indicates low flood risk. The property is suitable for investors seeking to expand their multifamily holdings and acquire an income-generating asset. The total property size is 7500 square feet.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$98.1k	$13.08
− Vacancy	−$8.9k	−$1.19
EGI	$89.2k	$11.89
− OpEx	−$40.1k	−$5.35
NOI	$49.0k	$6.54

7,500 SF · lease $13.08/SF/yr · vacancy 9.10% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$700.6K

$613.1K – $817.4K (±1% cap)

NOI $49,045 @ 7.0% cap · market cap 6.13%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.07M

$1.81M – $2.41M (±1% cap)

NOI $144,724 @ 7.0% cap · market cap 18.09%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Hammond
County: Tangipahoa
State: Louisiana
Longitude: -90.4975627
Latitude: 30.4755972

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For sale
Apartment buildings
LA
Hammond
70403
14106 W Club Deluxe Rd

What type of property is this?

Apartment building - Fully occupied 8-unit apartment complex in Hammond, Louisiana.

Where is this apartment building located?

The property is located at 14106 W Club Deluxe Rd Hammond, LA.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Fully occupied 8‑unit apartment complex, ensuring immediate income generation.; Strategically located near Interstate 12, Interstate 55 and Highway 190, providing easy access to Baton Rouge and New Orleans.; Low flood risk (Flood Zone X), enhancing tenant appeal and investment security.