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    FOR SALE
    Office Units

    1140-1150 Causeway Approach W Mandeville, LA 70471

    5,542 SF Built 2004
    Property ID
    US36-Q010168
    1140-1150 Causeway Approach W, Mandeville, LA 70471 For Sale 1 / 30
    $785,000 5,542 SF
    1140-1150 Causeway Approach W, Mandeville, LA 70471
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    Property summary
    AI-generated overview

    INCOME PRODUCING! (ONE UPSTAIRS UNIT, ENTIRE BOTTOM FLOOR LEASED BEGINNING JULY 1.) INCREDIBLE NEW REDUCED ASKING PRICE! OWNER SAYS "SELL IT!!" POSSIBLE SHORT-TERM OWNER FINANCING! 4 UNIT 2-STORY OFFICE CONDO BUILDING IN PRIME MANDEVILLE LOCATION. APPROX 1 MILE FROM CAUSEWAY IN WESTPOINT OFFICE PAR ... K. FLOOD ZONE "X". GREAT INVESTMENT OPPORTUNITY. SPACES CONSIST OF MULTIPLE PRIVATE OFFICES, RECEPTION AREAS, KITCHENETTES, RESTROOMS. GREAT SET-UP FOR OWNER TO OCCUPY ONE SECOND FLOOR UNIT AND ENJOY AMPLE RENTAL INCOME FROM THREE LEASED UNITS. INTERIORS ARE ATTRACTIVE AND WELL MAINTAINED. BUILDING IS TWO STORY WITH BALCONIES OFF OF SIDES AND FRONT OF BUILDING. CONDO ASSOC MAINTAINS COMMON AREAS, FEES PAID QUARTERLY. OCCUPIED UPSTAIRS UNITS SHOWN BY APPOINTMENT ONLY.

    Property profile
    Verified
    Property type Office Units
    Year built 2004
    Total area 5,542 SF
    UPID US36-Q010168
    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
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