Building Details

Year Built 1972

Listing Agency: Homesmart Realty South b***@aol.com Show Phone

Listed By: Danny Trosclair · License #000004986 Show Phone

Source: Compass

Added: May 31, 2024 Changed: Aug 30 Last Checked: Aug 30 at 8:49PM

Report an Issue

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 Homesmart Realty South

Investment Insights

Based on property information with market context.

This multifamily property includes 9 apartments across three buildings at 39900 Highway 23 in Boothville, Louisiana. The layout comprises two apartments in the first building, five in the second, and two in the third, for a combined 7,776 square feet. Each apartment is approximately 864 square feet.

Built in 1972, the buildings are raised on concrete pilings and foundations. Units have been opened to the studs and are ready for interior completion, while all roofs were replaced approximately 2 years ago. The exterior materials include cedar, with asphalt and other surfaced areas noted on site.

Key Highlights

• 9 apartments across 3 buildings
• Unit distribution: 2 apartments, 5 apartments, and 2 apartments
• Combined property size of 7,776 square feet

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Building Supply Auto Repair Shop Auto Parts Store Restaurant Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

31

Businesses Nearby

Explore this area Business Placement

Demographics for 70041, LA

2,675

Population

1,318

Households

2

Avg Household Size

41

Median Age

4%

College-Educated

58%

High-School Grad

30.6 sq mi

ZIP Area

87

Density / Sq Mi

$35,263

Median Household Income

$32,628

Median Earnings

$928

Median Rent

$74,300

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Apartment building - Three-building multifamily property with units prepared for interior completion and recent roof replacement.

Where is this apartment building located?

The property is located at 39900 Highway 23 Boothville, LA.

What is the asking price?

The asking price for this property is $199,000.

What are key features of this property?

This property features: 9 apartments across 3 buildings; Unit distribution: 2 apartments, 5 apartments, and 2 apartments; Combined property size of 7,776 square feet