40279 Highway 23Buras, LA 70041

Exceptional investment opportunity in Buras, Louisiana, presents this six-unit apartment building located at 40279 Hwy 23, zip code 70041, Plaquemines Parish. This property boasts a total of 4,339 square feet and is priced at $800,000. The building underwent renovations in 2005 following Hurricane Katrina. Five units offer two bedrooms and two full bathrooms, each approximately 744 square feet. One unit features one bedroom and one full bathroom, measuring approximately 521 square feet. All units are furnished and include fully equipped kitchens with granite countertops, wooden cabinets, and stainless steel appliances (dishwasher, disposal, ice maker, microwave, range/oven, refrigerator/freezer, and washer/dryer). A rear storage area of approximately 100 square feet is also available. Two RV hookups are situated at the rear of the property. The property currently enjoys strong occupancy and positive cash flow, with bookings extending throughout the year. Annual building insurance is approximately $17,500. This multifamily property is ideally situated in a prime sportsman's paradise location, making it an attractive investment for both short-term and long-term rental strategies. The property is classified as Multifamily, Land, Apartment Building, Commercial, and Duplex/Triplex/Quadruplex.