Approved Multi-Family Development

Multi-Family for Sale
Also listed as Vacant Land
Catylist Listing ID: 29561960
Property Subtypes: Duplex/Fourplex, Mixed Use
Building Status: Proposed
Number of Units: 56 Units
Building Size (RSF): 57,422 SF
Gross Building Area: See Agent
Gross Land Area: 8.50 Acres
Sale Price: $1,625,000
Unit Price: $29,017.86 Per Unit
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/12/2018

Overview / Comments

Fully approved 56 unit Multi Family development with commercial outparcels. The property is a 1/2 mile south of I-12 in Walker, LA and across the street from the new Our Lady of The Lake hospital. Most of the engineering and permitting has been completed. Development is approved on rear 5.5 Acres with 3 Acres in front for prime office, retail, medical, etc, development opportunities. Site plan can be modified to provide more acreage to suit additional needs.

Additional Details

Nearest MSA: Baton Rouge
County: Livingston
Submarket/Township: 83
Tax ID/APN: 0271502

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,319 47,751
Median Age: 32.32 33.12
Households: 4,403 17,046
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.