46434 W Lee Hughes Rd, Hammond, LA 70401

$1,985,000
48
BD
24
BA
17,513
SqFt

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List Price
$1,985,000
Status
ACTIVE
Days on Market
158
MLS#
2559117
Subtype
Multifamily
Style
Traditional
Year Built
1998
Bedrooms
48
Bathrooms
24
Full Baths
24
Living Area
17,513
Lot Size
80,586
Acres
1.85
Subdivision
Not a Subdivision

Property Description

Located in the heart of Hammond, Westview Village Apartments at 46434 W. Lee Hughes Road presents an outstanding multifamily investment opportunity featuring 24 fully occupied units, each offering 2 bedrooms and 1 bathroom. Situated on approximately 1.85 acres, this well-maintained complex consists of three buildings constructed on concrete slabs with attractive brick and vinyl siding exteriors. The asphalt shingle roofs were replaced approximately three years ago, providing added value and peace of mind for future ownership. The property offers desirable tenant amenities including an on-site coin-operated laundry facility and eight additional storage units currently utilized by ownership, creating potential for additional rental income. A large concrete parking area provides convenient access and ample parking for residents and guests alike. Utilities include parish water service with a single master meter, a septic sewer system, and there is an office space available for ownership as well. Westview Village benefits from a highly convenient location just minutes from Interstate 55 and Interstate 12, allowing easy commutes to both Baton Rouge and New Orleans. The property is also located near Southeastern Louisiana University, local schools, shopping, restaurants, medical facilities, parks, and numerous everyday conveniences, making it highly attractive to tenants. With strong occupancy, a stable tenant base, and opportunities for increased revenue, Westview Village offers investors a reliable income-producing asset in one of Tangipahoa Parish’s most desirable rental markets. 7% CAP!

Additional Information

Property Description
Traditional
Heating
Central
Air Conditioning
Central Air
Foundation
Slab
Parking Features
Parking Lot

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Listing courtesy of Elite Real Estate Advisors.

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