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30246 Highway 21

19 Unit Apartment Building $924,300 CAD ($48,647 CAD/Unit) 18.46% Cap Rate Angie, LA 70426

Apartment Buildings Louisiana Angie 30246 Highway 21, Angie, LA 70426

Executive Summary

Owner Financing Available! Investor Special! Potentially 13% cap rate! Amazing investment opportunity to own 19 efficiency apartments with tremendous ROI potential! Freshly painted, many of units have been updated, apartments rent for $600/m, call today for more info!

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $119,448 $3.14
Other Income - -
Vacancy Loss - -
Effective Gross Income $119,448 $3.14
Taxes - -
Operating Expenses - -
Total Expenses $29,009 $0.76
Net Operating Income $90,439 $2.38

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $119,448
Annual Per SF $3.14
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $119,448
Annual Per SF $3.14
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $29,009
Annual Per SF $0.76
Net Operating Income (CAD)
Annual $90,439
Annual Per SF $2.38

Property Facts

Price $924,300 CAD Apartment Style Low Rise
Price Per Unit $48,647 CAD Building Class C
Sale Type Investment Lot Size 1.00 AC
Cap Rate 18.46% Building Size 7,000 SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
  • Lease Option
  • High Vacancy Property
 Average Occupancy 63%
No. Units 19 No. Stories 2
Property Type Multifamily Year Built/Renovated 1975/2024
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Office Office Residential
  • Multifamily Dormitory
Price $924,300 CAD
Price Per Unit $48,647 CAD
Sale Type Investment
Cap Rate 18.46%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
  • Lease Option
  • High Vacancy Property
No. Units 19
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 1.00 AC
Building Size 7,000 SF
Average Occupancy 63%
No. Stories 2
Year Built/Renovated 1975/2024

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Oven
  • Wi-Fi
  • Freezer

Site Amenities

  • Laundry Facilities
  • Trash Pickup - Curbside
  • Community-Wide WiFi

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 19 $959.85 CAD 200 - 300
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PROPERTY TAXES

Parcel Number 077-0001750A Improvements Assessment $34,532 CAD
Land Assessment $1,395 CAD Total Assessment $35,926 CAD

PROPERTY TAXES

Parcel Number
077-0001750A
Land Assessment
$1,395 CAD
Improvements Assessment
$34,532 CAD
Total Assessment
$35,926 CAD
(985) 205-5783

Contact

  • Ron Barden
    Ron Barden
  • Barden Realty

  • Listing ID: 33459906

  • Date on Market: 2024-10-09

  • Last Updated:

  • Address: 30246 Highway 21, Angie, LA 70426

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30246 Highway 21, Angie, LA for sale Building Photo- Image 8 of 13
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30246 Highway 21, Angie, LA for sale Building Photo- Image 9 of 13
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30246 Highway 21, Angie, LA for sale Building Photo- Image 10 of 13
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30246 Highway 21, Angie, LA for sale Building Photo- Image 12 of 13
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30246 Highway 21
(985) 205-5783 x

30246 Highway 21

Ron Barden

(985) 205-5783

(985) 205-5783

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