Receive a cash positive income on this property from your first day of ownership! This great investment opportunity consists of a multi-family housing complex centrally located in Lafayette in a great location near the University. This 0.16-acre tract, corner lot property offers a unique environment consisting of six rental units within three structures for total combined 3,674 square feet living area. The complex is 100% occupied with signed leases and a $3,000 monthly rental income. The property features a 2-story apartment building at 421 Harding Street that contains 4 — 1 bedroom apartments. Each unit contains living room, kitchen, 1 bedroom and 1 bath comprising 534 square feet of living area. Part of the property is a 1,600 square foot house at 901 University that has 4 bedrooms, 1 bath, living room and kitchen. Directly behind this 4-bedroom house, is a studio efficiency apartment consisting of a kitchenette/living room/bedroom area, 1 bath and closet. It is accessed by University Avenue and is in immediate proximity to the University of Louisiana at Lafayette and across the street from the Lafayette Police department. The property is in close proximity to public transportation, a wash-a-teria, Lafayette’s Oil Center, hospital and medical services. It is in a well established neighborhood consisting of “multi-family” and “single family” housing of similar style.
Brand New 10 Year Absolute NNN Corporate Sale Leaseback with Rent Increases Every 5 Years Conn' s (NASDAQ: CONN) Operates 104 Retail Locations Nationwide, 15 Planned New Stores in 2016 The Monroe Metropolitan Statistical Area Population Estimated at 180,000 People Tenant Recently Invested in Brand New Storefront, HVAC, Electrical System, Lighting, and Mezannine Office Area
Price Upon Req.5,500 SF
Marketing DescriptionTriple Net Leased investment located in Baton Rouge, LA with a significant value add opportunity. The property is master leased by Jack in the Box Inc. and the convenience store and fuel pumps are subleased by Susser Petroleum, Inc. Jack in the Box recently ceased operations of the restaurant but they have an obligation to fulfill the terms of the lease for the remaining seven years of the primary term. Susser (who recently merged with Sunoco) remains actively operating the C-Store and fuel at the site which should assist greatly in securing a co-tenant for the restaurant and drive-thru space. The building is located along the well-travelled highway, LA 37 (Greenwell Springs Road) that takes commuters straight into the City of Baton Rouge. There are over seven years remaining on the master lease that expires February 3, 2022 allowing the incoming investor to receive significant cash flow from the property (including a rent increase in 2019) for 7 years prior to finding a new tenant.
Price Upon Req.29,040 SF
Property showings will be available by Appointment Only:1. Sunday, April 102. Monday, April 113. Monday, April 184. Tuesday, April 19PROPERTY HIGHLIGHTS: Fee simple interest in institutionally owned and third party managed 67-room Comfort Inn offered at a fraction of replacement cost Property offered for individual sale through Ten-X, as part of larger portfolio being offered through Ten-X Seller has pre-negotiated reduced Choice royalty fees and reduced Choice application fees for qualified buyers Approximately $1.73MM ($25,800 per key) of capital improvements completed since 2012 Adjacent to Interstate 20 with upwards of 90,000 cars passing the location daily Optimal location in the heart of West Monroe, Louisiana proximate to the city's top-ten largest employers Proximate to all regional demand including Ike Hamiliton Expo Center, Landry Vineyards, and Pecanland Mall
Marcus & Millichap is pleased to present a Walgreens in Ruston, Louisiana. This Walgreens was built in 2007 and there is currently 16+ years remaining on the primary lease term.
1.76 Acres fully fenced and stabalized
Price Upon Req.50,000 SF
***CALL FOR OFFER*** 97 room, interior corridor, full service, four story hotel built in 2009 and situated on 3.13 acres of land.
46 Room Independent Motel in South Louisiana with large pool. No Owner Finance. Serious Inquiries Only! ( Confidential ) For more details call 985-397-2602
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Price Upon Req.Size Upon Req.
Prime front street exposure, one mile from the Fremaux Town Center. Currently operating as a dance studio, but would also perfect for a Day Care Center, Photography Studio, Karate School, Music Studio Etc. 1st floor has (2) large studios with raised spring wood floors (1)Lobby (2) Bathrooms (1) Office. 2nd Floor has a private entrance to an efficiency loft apartment with 1 full bathroom, kitchenette and laundry room. The site has a paved parking, lot covered driveway, yard space, utility shed and security system.
KW Net Lease Advisor is pleased to present a Single Tenant Dollar General located in Coushatta, LA. Dollar General is operating under NN Lease with 8 years remaining. The Subject Property is part a portfolio of 3 NN Dollar Generals with at least 7.5 Years Remaining.