Current Use by Public Records
- Apartment buildings
Property Details for 108 River Rd
- Year built
- 1980
- Lot size
- 0.37 lot acres
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents two, two-story buildings totaling eight apartment units situated on a 0.37-acre lot at 108 & 110 N. River Road in Denham Springs, Louisiana, zip code 70726. Constructed in 1980, this Class C multifamily property boasts 100% occupancy, providing immediate cash flow. Each building houses four units, offering a convenient and efficient layout. An on-site manager ensures smooth operations and tenant satisfaction. Residents enjoy the added convenience of an on-site laundry room. The asking price for this eight-unit complex is $1,000,000, translating to an attractive price per unit of $125,000. This property represents a strong addition to any investment portfolio, offering both stability and potential for future growth. The property is located in Livingston Parish and is fully occupied. Interested parties should conduct their own due diligence.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denham Springs
- County
- Livingston Parish
- State
- Louisiana
- Longitude
- -90.9607
- Latitude
- 30.4839
