1208 Louisiana 30 Gonzales, LA 70737
This exceptional multifamily investment opportunity encompasses sixteen buildings totaling sixty-seven units, strategically located on Highway 30 in Gonzales, Louisiana. The property boasts a substantial lot size of 3.27 acres, providing ample space and potential for future development. The buildings are two stories each, offering a total of 8,300 square feet of rentable space. Currently classified as Class C, this property presents a compelling value proposition with an asking price of $8,000,000, translating to approximately $119,403 per unit and $963.86 per square foot. The property's prime location on a major highway ensures high visibility and accessibility, making it an attractive option for tenants. Its position in a high-traffic area within Gonzales, Ascension Parish, Louisiana, zip code 70737, offers significant potential for strong rental income and future appreciation. The property's address is 1118 & 1208 W Hwy 30, Gonzales, LA. This is a rare opportunity to acquire a substantial multifamily portfolio in a thriving Louisiana market. The property's location on a main highway contributes to its high visibility and accessibility, making it an attractive investment for both short-term and long-term growth. The substantial number of units provides a diversified income stream and significant potential for future value appreciation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.