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    1800 Cswy Approach Blvd Mandeville, LA 70471

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    1800 Cswy Approach Blvd Mandeville, LA 70471


    • Apartment buildings
    • 900 SF
    • 1.50 lot acres
    Off-Market

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    Cap Rate Potential
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    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 Estimations

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    • CAP approach

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    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Mandeville
    County
    St. Tammany
    State
    Louisiana
    Longitude
    -90.1042
    Latitude
    30.3958
    More about this property
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