12066 Carriage House LnPonchatoula, LA 70454

  • Residential income properties
  • 29,940 SF
For Sale
$3,600,000 View listing

Property Details for 12066 Carriage House Ln

Year built
2002
Lot size
5.01 AC
Property size (Sq ft)
29,940 SF
Property type
Residential income properties
Property subtype
Multifamily properties

Description

This exceptional investment opportunity presents a fully occupied, 30-unit apartment complex in Ponchatoula, Louisiana. The property, located at 12066 Carriage House Lane, boasts a desirable 6.40% cap rate and comprises nine buildings situated on approximately 5.01 acres. Built in 2002, this Class B multifamily property offers 29,940 square feet of living space. Each building features dedicated parking lots for resident convenience. The property enjoys excellent access to major thoroughfares, with convenient access to Highway 22 within approximately two minutes, providing easy commuting to areas such as Sorrento and Mandeville. The property is currently operating at 100% occupancy, presenting a stable and attractive income stream. Detailed financial information, including rent rolls and operating statements, is available upon request. This well-maintained complex represents a strong value proposition for investors seeking a stable, high-performing asset in a growing market. The property's location and strong occupancy rate make it an ideal investment opportunity. Further details are available in the offering memorandum.

12066 Carriage House Ln, Ponchatoula, Louisiana

Location Insight

City
Ponchatoula
County
Tangipahoa Parish
State
Louisiana
Latitude
30.4328
Longitude
-90.5189

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