46434 W LEE HUGHES RD, Hammond, LA 70401
46434 W LEE HUGHES RD, Hammond, LA 70401
46434 W LEE HUGHES RD, Hammond, LA 70401
46434 W LEE HUGHES RD, Hammond, LA 70401
46434 W LEE HUGHES RD, Hammond, LA 70401
46434 W LEE HUGHES RD, Hammond, LA 70401
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$ 2,150,000
Est. payment | /mo

48 Beds

24 Baths

17,513 SqFt


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$ 2,150,000
Est. payment | /mo
Save

48 Beds

24 Baths

17,513 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 17,513 sqft

Price per Sqft $122

Subdivision Not A Subdivision

MLS Listing ID 2559117

Style Traditional

Bedrooms 48

Full Baths 24

Construction Status Very Good Condition

HOA Y/N No

Year Built 1998

Lot Size 1.850 Acres

Acres 1.85

Property Sub-Type Apartment

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!

Location

State LA

County Tangipahoa

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Exterior Feature Fence

Parking Features Parking Lot

Pool None

Water Access Desc Public

Roof Type Asbestos Shingle,Shingle

Accessibility Accessibility Features

Building

Lot Description 1 to 5 Acres, Outside City Limits, Oversized Lot

Entry Level One

Foundation Slab

Sewer Treatment Plant

Water Public

Architectural Style Traditional

Level or Stories One

Construction Status Very Good Condition

Others

Tax ID 05988519

Security Features Closed Circuit Camera(s)

Special Listing Condition None

Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Elite Real Estate Advisors 

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46434 W LEE HUGHES RD