- For Sale $1,895,000
- Property Type Multi-Family
- Property Size 19,940 SF
- Units 12
- Date Updated Mar 28, 2024
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.
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Contacts
Location
Getting Around
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Walk Score ®
15/100
Car-Dependent
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Bike Score ®
30/100
Somewhat Bikeable
- City Ponchatoula, LA
- Neighborhood Ponchatoula
- Zip Code 70454
- Market New Orleans
Points of Interest
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Hammond
4.96 miles
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Racetrac Gas Station
3.32 miles
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Shell
3.40 miles
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RaceTrac Gas Station
4.28 miles
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Q's Seafood & Deli
4.35 miles
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Dave's Full Services Automotive
4.69 miles
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Johnny's Conoco
4.78 miles
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Circle K
4.78 miles
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Quinn's Service Station
4.80 miles
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Rende's Quick Stop
5.91 miles
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Texaco
6.94 miles
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Upperclass Parking Garage
5.41 miles
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Microtel Inn & Suites by Wyndham Ponchatoula/Hammond
2.01 miles
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Colonial Inn Hammond
3.06 miles
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Days Inn Hammond
3.14 miles
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Surestay Plus Hotel By Best Western Hammond
3.23 miles
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Quality Inn
3.25 miles
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Holiday Inn Hammond
3.36 miles
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Courtyard by Marriott Hammond
3.73 miles
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Historic Michabelle Inn
4.04 miles
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Baymont Inn & Suites by Wyndham Hammond
4.27 miles
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Calloway Inn and Suites
4.53 miles
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J. Rucker's House of Soul
0.79 miles
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Toula Donuts
1.02 miles
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La Carreta
1.36 miles
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Roux & Brew Seafood and Steak House
1.36 miles
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Millside
1.57 miles
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Hi - Ho 2
1.74 miles
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McDonald's
2.06 miles
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McDonald's
2.60 miles
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Chick-fil-A
3.36 miles
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Burger King
3.41 miles
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D C Reeves Elementary School
0.71 miles
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Tucker Elementary School
1.05 miles
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Ponchatoula Junior High School
1.11 miles
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Ponchatoula High School
1.32 miles
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Martha Vinyard Elementary School
1.33 miles
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Magnolia Montessori School
1.53 miles
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Saint Joseph School
1.61 miles
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Perrin Early Learning Center
1.63 miles
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Perrin Junior High School
1.64 miles
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Harvest Christian Academy School
2.70 miles
Frequently Asked Questions
What is the lease rate for 101, 103, 105, 107, 137, 139, 141, 143, 154, 156, 158 & 160 Village Oaks Blvd?
Rental asking rate at 101, 103, 105, 107, 137, 139, 141, 143, 154, 156, 158 & 160 Village Oaks Blvd is $947,500.00/YR.
What is the total square footage of 101, 103, 105, 107, 137, 139, 141, 143, 154, 156, 158 & 160 Village Oaks Blvd?
101, 103, 105, 107, 137, 139, 141, 143, 154, 156, 158 & 160 Village Oaks Blvd totals 19,940 square feet.
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