- For Sale $525,000
- Property Type Multi-Family
- Property Size 4,520 SF
- Units 5
- Lot Size 1.49 Acre
- Year Renovated 2023
- Date Updated Aug 3, 2026
Description
Conveniently located just off Weber City Road near Highway 431 in Gonzales, LA,Sunrise Street Multi-Family investment property For Sale. Conveniently located just off Weber City Road near Highway 431, this 1.493-acre
property consists of four separately subdivided lots zoned Crossroad Commercial, offering both immediate cash flow and long-term
flexibility.
The property features five income-producing units, including (4) 14' x 70' mobile homes and (1) studio apartment, all currently 100%
occupied. Recent capital improvements include new roofs installed on all mobile homes in 2020, along with extensive renovations
completed between 2022 and 2023 on three of the homes (10522, 10528, and 10544) The property is serviced by (1) private water well
and (4) private septic systems. Current rental income totals $5,050 per month, with the following lease rates:
• 10522 – $1,100/month
• 10528 – $1,100/month
• 10544 – $1,100/month
• 10544 Studio Apartment – $750/month
• 10546 – $1,000/month
2025 Net Operating Income (NOI) of $49,005.18, this investment is offered at an attractive 9.33% capitalization rate, making it an
outstanding opportunity for investors seeking stable returns, strong occupancy, and commercial zoning that provides future development
or redevelopment potential.
Highlights
- (4) 14' x 70' mobile homes & (1) 600 SF studio apartment
- 1.493 acres subdivided into four individual lots
- 100% occupied five-unit income-producing property
- 2025 NOI: $49,005.18
- 9.33% Cap Rate
- Crossroad Commercial zoning
- Interior photos available upon request
- Monthly gross rental income of $5,050
- New roofs installed on all mobile homes in 2020
- Owner Agent; Do not disturb Tenants
- Three homes renovated during 20222023
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Contacts
Ashlyn Plaisance
Beau Box Commercial Real Estate
Location
Contact Listing Broker
Ashlyn Plaisance
Beau Box Commercial Real Estate