1208 Louisiana 30Gonzales, LA 70737

Property Details for 1208 Louisiana 30

Lot size

3.27 AC

Property size (Sq ft)

8,300 SF

Property type

Apartment buildings

Description

This exceptional multifamily investment opportunity encompasses sixteen buildings totaling sixty-seven units, strategically located on Highway 30 in Gonzales, Louisiana. The property boasts a substantial lot size of 3.27 acres, providing ample space and potential for future development. The buildings are two stories each, offering a total of 8,300 square feet of rentable space. Currently classified as Class C, this property presents a compelling value proposition with an asking price of $8,000,000, translating to approximately $119,403 per unit and $963.86 per square foot. The property's prime location on a major highway ensures high visibility and accessibility, making it an attractive option for tenants. Its position in a high-traffic area within Gonzales, Ascension Parish, Louisiana, zip code 70737, offers significant potential for strong rental income and future appreciation. The property's address is 1118 & 1208 W Hwy 30, Gonzales, LA. This is a rare opportunity to acquire a substantial multifamily portfolio in a thriving Louisiana market. The property's location on a main highway contributes to its high visibility and accessibility, making it an attractive investment for both short-term and long-term growth. The substantial number of units provides a diversified income stream and significant potential for future value appreciation.

Location Insight

City

Gonzales

County

Ascension Parish

State

Louisiana

Latitude

30.2112

Longitude

-90.9333

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