1208 Louisiana 30 Gonzales, LA 70737
- Apartment buildings
- 8,300 SF
- 3.27 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 1208 Louisiana 30
- Lot size
- 3.27 lot acres
- Property size
- 8,300 SF
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gonzales
- County
- Ascension Parish
- State
- Louisiana
- Longitude
- -90.9333
- Latitude
- 30.2112
