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Property profile & analytics
OFF-MARKET
Apartment buildings

1208 Louisiana 30 Gonzales, LA 70737

8,300 SF 3.27 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Total area 8,300 SF
Lot 3.27 ac (142,441 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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