Address: 101, 103, 105, 107, 137, 139, 141, 143, 154, 156, 158 & 160 Village Oaks Blvd., Ponchatoula, LA 70454
The portfolio is a meticulously maintained 12-unit multifamily portfolio in Ponchatoula, LA, constructed in 2007. Boasting with low turnover history + strong tenant retention, the turnkey properties offer immediate cash flow. The twelve (12) units are comprised of Eight (8) 2 bedroom / 2 bath units, along with Four (4) 3 bedroom / 2 bath units, this diverse portfolio ensures stability. The Seller sweetens the deal with the option to acquire two undeveloped lots for potentially more unit development. Each unit, featuring a one-car garage and fenced backyard, appeals to tenants, bolstering property value and future development to the immediate area. There is also a Snap Fitness & BBQ Restaurant in the shopping center at the front of Village Oaks. This strategic investment not only delivers present returns, but positions the buyer for future potential gains through rent increases and property appreciation. Seize this opportunity for a well-rounded investment in the thriving Ponchatoula market.
List Price: $1,895,000| $95 PSF
Gross Building Area: +/– 19,940 SF | 12 units
Total Site Size: +/- 1.41 Acres
Zoning: A-R: Rural Residential District
For further listing details or to schedule a showing please contact Cameron Griffin 504-535-5680
