1800 Cswy Approach Blvd Mandeville, LA 70471
- Apartment buildings
- 900 SF
- 1.50 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 1800 Cswy Approach Blvd
- Year built
- 1986
- Lot size
- 1.50 lot acres
- Property size
- 900 SF
- Property type
- Apartment buildings
Description
This 900-square-foot condo, situated at 1800 W Causeway Approach Boulevard Unit 108 in Mandeville, Louisiana, presents a unique investment opportunity. Located on a 1.5-acre lot, this front unit enjoys exceptional visibility on West Causeway Approach, benefiting from the high traffic count of this prime commercial area. The property is conveniently located near Highway 22, the Causeway, shopping centers, banks, and medical facilities. Currently, the building houses a diverse range of businesses including a dentist's office, hair salons, a yoga studio, a driving school, a graphic design center, an appraiser, and medical professionals, demonstrating the area's strong commercial viability. The condo boasts low monthly fees of $130, inclusive of water, trash removal, and insurance, and offers ample parking. While the property requires complete renovation, it presents significant potential. Recent roof replacements have addressed a major structural issue, although some interior sheetrock repair is needed due to prior leaks. The bathroom necessitates a full renovation, and the three offices and small breakroom also require updating. The reception area is separate from the offices. The building's raised foundation allows for flexibility in plumbing reconfiguration. This property is an excellent choice for an investor seeking a high-visibility location with potential for significant return after renovation. Note that additional units within the same complex may also be available.
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
- Mandeville
- County
- St. Tammany
- State
- Louisiana
- Longitude
- -90.1042
- Latitude
- 30.3958
