61609 Us-51 Amite City, LA 70422
- Mixed-use properties
- 2,000 SF
- 28.53 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 61609 Us-51
- Year built
- 2000
- Lot size
- 28.53 lot acres
- Property size
- 2,000 SF
- Property type
- Mixed-use properties
- Property subtype
- High-rise multifamily apartments
Description
This exceptional investment opportunity encompasses a substantial 28.53-acre parcel in Amite City, Louisiana, boasting significant road frontage (over 260 feet) along Highway 51. The property features two mixed-use buildings, currently operating at 100% occupancy, providing immediate cash flow. Each building offers 2 units, totaling 2,000 square feet, with a price per square foot of $215. Constructed in 2000, these properties underwent a comprehensive renovation in 2020, ensuring modern amenities and long-term value. The asking price for this lucrative investment is $430,000. The strategic location on a major highway offers excellent visibility and accessibility, making it ideal for a variety of uses. The substantial lot size presents significant potential for future development or expansion. This turnkey investment is perfect for those seeking immediate returns and long-term growth in a thriving Louisiana market. The property is located at 61609 US-51, Amite City, LA 70422, within Tangipahoa Parish. This is a rare opportunity to acquire a well-maintained, income-generating property with considerable upside potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amite City
- County
- Tangipahoa Parish
- State
- Louisiana
- Longitude
- -90.5134
- Latitude
- 30.7538
