15909 River Rd, Hahnville, LA 70057
Fully renovated 50-unit multifamily property with expansion potential.
- Added:
- Feb 21, 2026
- Days on Market:
- 126
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 15909 River Rd
General Information
- Standard status
- Active
- Size
- 43,300 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1966
Listing office Marcus & Millichap - Baton Rouge
Listing date Feb 21, 2026
Source Crexi
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HighLights
- 50‑unit garden‑style multifamily property.
- Fully renovated in 2022 with no deferred maintenance.
- Located in a designated Opportunity Zone.
- Expansion, amenity, or monetization upside due to additional land.
- On‑site laundry.
- Surface parking with 75 spaces (1.50/unit).
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $888.5k | $20.52 |
| − Vacancy | −$80.9k | −$1.87 |
| EGI | $807.7k | $18.65 |
| − OpEx | −$363.4k | −$8.39 |
| NOI | $444.2k | $10.26 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hahnville
- County
- St. Charles
- State
- Louisiana
- Longitude
- -90.41028
- Latitude
- 29.984868
