List Search

LOUISIANA LIHTC PORTFOLIO
Hammond, LA

$4,800,000 USD

Multifamily For Sale  •  33,000 SF

1 Properties View all

Property Details

  • Property Type Multifamily
40 Walk Score

Highlights

Mark-to-Max Rent Upside with Structured NOI Growth: Current rents are below Section 42 maximum, providing a program governed pathway to increase NOI
Seasoned LIHTC assets — 15-year compliance periods complete, regulatory risk substantially reduced.
Large-format SFR units drive superior retention — lower turnover, stronger resident stability.
100% occupied in supply-constrained rural markets — demand-driven, not concession-dependent.
90 units across two markets — instant scale, geographic diversification, operational efficiency.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Washer/Dryer
  • Heating
  • Pet Play Area
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
5 min - 2.6 mi
AirportDriveWalkDistance
Louis Armstrong New Orleans International 55 min - 44.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: OneCarGarage
Included in Rent: Yes
Justin Langlois 225-329-0269 Stirling Properties
Justin Langlois 225-329-0269 Stirling Properties