48087 48091 GALAFORA Road, Tickfaw, LA 70466
MULTI_FAMILY - Tickfaw, LA
- Added:
- Apr 27, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 11 at 11:06 pm
Property Features for 48087 48091 GALAFORA Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Parking features
- Covered
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- Size
- 5,286 SF
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Description
- 0.67 Ac + 0.33 Ac - A Pont of A 1.00 A Tract in Sec 10 T6S R7E
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2000
- Floors in Building
- 1
- Number of units
- 5
- Roof type
- Metal
- Architectural style
- Other
Listing agent Sergio Mesa License #912124506 (985) 542-7601
Listing office Elite Real Estate Advisors 14454 University Ave., Hammond, LA (985) 542-7601
Listing date Apr 27, 2026
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Income‑producing multi‑property package featuring a main residence and triplex.
- Convenient location near Southeastern Louisiana University, I‑55, Highway 1064, and Highway 51.
- Main residence features 4 bedrooms, 2 bathrooms, and a 1‑bedroom efficiency apartment.
- Triplex includes three 2‑bedroom, 1‑bathroom units with assigned parking.
- Oversized lot with two‑car garage, single‑car carport, and large circular driveway.
- Landlord responsible for lawn care, tenants responsible for utilities.
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 | $69.1k | $13.08 |
| − Vacancy | −$6.3k | −$1.19 |
| EGI | $62.8k | $11.89 |
| − OpEx | −$28.3k | −$5.35 |
| NOI | $34.6k | $6.54 |
Alternative Uses
Current Use by Public Records
Map
- City
- Tickfaw
- County
- Tangipahoa
- State
- Louisiana
- Longitude
- -90.5116
- Latitude
- 30.5658
