8-Unit Apartment
For Sale
$780,000
14106 W CLUB DELUXE Road, Hammond, LA 70403
Multifamily, Hammond, LA
Property Size7,400 SF
Lot Size1.00 Acre
Price / SF$105.41
Days on Market347
Property Features for 14106 W CLUB DELUXE Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
16
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 11, Bedroom 9, Bathroom 8, Bedroom 10, Bedroom 7, Bedroom 14, Bedroom 2, Bedroom 16, Bathroom 5, Bedroom 15, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 8, Bedroom 13, Bathroom 6, Bedroom 3, Bathroom 7, Bedroom 12, Bathroom 3
Parking features
Parking Lot
Subdivision
Not a Subdivision
Directions
From HWY 51/S. Morrison Blvd & W Club Deluxe Rd Intersection, head West, Apts. on left before Technology Ln
Standard status
Active
Size
7,400 SF
Lot size
1.00 Acre
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
1.00A IN SEC 40 T6SR7E & 45T7SR7E
Legal Description
1.00A IN SEC 40 T6SR7E & 45T7SR7E
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
washer/dryer hookups
covered porches
Building Details
Year built
1985
Number of units
8
Building materials
Brick
Architectural style
Other
Listing Agency:
Elite Real Estate Advisors · Century 21 Real Estate
(985) 542-7601
Listed By:
Sergio A Mesa · License #912124506
(504) 390-5229
Added: Nov 10, 2025
Changed: Oct 23
Last Checked: Oct 23 at 11:06PM
MLS# 2529124
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 8-unit apartment property comprises duplex buildings with 7,400 square feet of living area on a 1-acre site. Each unit has 2 bedrooms, 1 bathroom, and washer/dryer hookups. Built in 1985, the buildings feature brick veneer, concrete slab foundations, asphalt shingle roofs, and covered porches. Heating and cooling are central.
The site includes concrete streets and a parking lot, with public water and sewer service. Interstate 12, Interstate 55, and Highway 190 provide roadway connections from the Hammond property. Hammond Square Mall, retail stores, restaurants, grocery stores, parks, and recreational facilities are among the area amenities. The property is in Flood Zone X.
The site includes concrete streets and a parking lot, with public water and sewer service. Interstate 12, Interstate 55, and Highway 190 provide roadway connections from the Hammond property. Hammond Square Mall, retail stores, restaurants, grocery stores, parks, and recreational facilities are among the area amenities. The property is in Flood Zone X.
Key Highlights
- 8 units, each with 2 bedrooms and 1 bathroom
- 7,400 square feet of building area on 1 acre
- All units occupied; washer/dryer hookups in each
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,391
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$967,820
$967.8K
Cap Rate 7%
$691,300
$691.3K
Cap Rate 9%
$537,678
$537.7K
Market Conditions
NOI Build-Up for 7,400 SF
Gross rent
$96.8K $13.08/SF
− Vacancy
−$8.8K −$1.19/SF
EGI
$88.0K $11.89/SF
− OpEx
−$39.6K −$5.35/SF
NOI
$48.4K $6.54/SF
Area
Tangipahoa County, LA
Vacancy
9.10%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$967,820
Cap Rate 7%
$691,300
Cap Rate 9%
$537,678
Alternative Uses
Best Use
Apartment 5plus
$691.3K
$604.9K – $806.5K
NOI $48,391 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,795 @ 7.0% cap · market cap 18.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
8
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Explore this area
Business Placement
Demographics for 70403, LA
29,737
Population
13,577
Households
2.2
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
42.3 sq mi
ZIP Area
703
Density / Sq Mi
$50,547
Median Household Income
$32,603
Median Earnings
$992
Median Rent
$207,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - All residences are occupied and include washer/dryer hookups.
Where is this apartment building located?
The property is located at 14106 W CLUB DELUXE Road Hammond, LA.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 8 units, each with 2 bedrooms and 1 bathroom; 7,400 square feet of building area on 1 acre; All units occupied; washer/dryer hookups in each
