8473 Florida Blvd Denham Springs, LA 70726

This exceptional investment opportunity presents a 20-unit apartment complex ideally situated at 8473 Florida Blvd in Denham Springs, Louisiana, zip code 70726. The property, known as Cypress Gates, boasts a prime location directly on Florida Boulevard, offering high visibility and convenient access. The complex comprises five, two-story buildings situated on a 1.32-acre lot, constructed in 1980. The asking price for this Class C multifamily property is $3,000,000, translating to $150,000 per unit. The property features a total of 20 units, many of which have been recently updated with new flooring and paint. Its proximity to Juban Crossing, just two minutes away, provides residents with easy access to shopping, dining, and entertainment. This high-traffic area ensures strong occupancy rates and potential for significant rental income. The property's strategic location and recent renovations make it an attractive investment for both seasoned and aspiring real estate investors seeking a strong return on investment in a thriving Louisiana market. This is a rare opportunity to acquire a well-maintained, established apartment complex in a desirable location with significant upside potential.