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Renovated 48-Unit Multifamily Property
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41063 Cannon Rd, Gonzales, LA 70737

Fully renovated 48-unit multifamily property on 2.18 acres.

Property SizeContact for details
Lot Size2.18 Acres
Days on Market204

Property Features for 41063 Cannon Rd

General Information

Standard status Active
Lot size 2.18 Acres
Property subtype Multifamily
Zoning MU (Mixed Use Corridors), RM (Medium Intensity Residential)

Building Details

Year Renovated 2022
Buildings 12
Stories 2
Units 48
Tenancy Multi
Listing Agency: Elifin Realty - New Orleans, LA
Listed By: Benji Azar · License #LA
Source: Crexi
Added: Jan 20 Changed: Aug 8 Last Checked: Aug 10 at 10:01AM

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 Elifin Realty - New Orleans, LA

Investment Insights

Based on property information with market context.

The property at 41063 Cannon Rd features a 48-unit multifamily community situated on approximately 2.18 acres. The property consists of twelve two-story buildings, each containing four 2-bedroom, 2.5-bathroom units. All unit interiors and building exteriors were fully renovated in 2022. The first floor of each unit includes a kitchen, living and dining area, half bathroom, and laundry nook. The second floor features two bedrooms, two full bathrooms, and three closets, providing ample storage. The property is located approximately 3 minutes from Airline Hwy, providing convenient access to nearby goods and services including the Bayou Plaza Shopping Center, Lowe’s, Domino’s Pizza, Smoothie King, Jack in the Box, and more. The property is zoned MU (Mixed Use Corridors) and RM (Medium Intensity Residential).

Key Highlights

  • Fully renovated in 2022 (unit interiors and building exteriors).
  • 48‑unit townhome‑style multifamily community.
  • Spacious 2 Bedroom / 2.5 Bathroom units with ample storage (three closets).

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Cafe & Coffee Shop Computer & Electronic Repair Kitchen & Bath Showroom

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

155
Businesses Nearby

Demographics for 70737, LA

47,332
Population
20,720
Households
2.3
Avg Household Size
36
Median Age
26%
College-Educated
86%
High-School Grad
54.0 sq mi
ZIP Area
877
Density / Sq Mi
$80,758
Median Household Income
$51,444
Median Earnings
$1,533
Median Rent
$252,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully renovated 48-unit multifamily property on 2.18 acres.
Where is this apartment building located?
The property is located at 41063 Cannon Rd Gonzales, LA.
What is the asking price?
The asking price for this property is $6,576,000.
What are key features of this property?
This property features: Fully renovated in 2022 (unit interiors and building exteriors).; 48‑unit townhome‑style multifamily community.; Spacious 2 Bedroom / 2.5 Bathroom units with ample storage (three closets).
(225) 439-0917 Call to check price and availability
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