Description
Value add opportunity located in Covington on over 8 acres. 8-plex stays rented and all are currently rented for a total of $7,800/mo (straight rent no government assistance on any of the units) with current management in place. There are 7-3/2s and one unit is a 2/2 - each unit about 1200sqft. Each building has a metal roof, the left unit has covered parking. Tenants pay electricity with their own separate electric meter, there are 8 wells and 2 septic systems, all of the units have their own HVAC. All interior units have new flooring (most have ceramic tile throughout), and updated interiors. Most of the central AC units are new within the last few years. Priced based on condition and seller is not willing to do any repairs. There is no for sale sign on the property
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23BEDS
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N/AACRES
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16BATHS
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01/2 BATHS
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8,400SQFT
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$71$/SQFT
School Ratings & Info
Description
Value add opportunity located in Covington on over 8 acres. 8-plex stays rented and all are currently rented for a total of $7,800/mo (straight rent no government assistance on any of the units) with current management in place. There are 7-3/2s and one unit is a 2/2 - each unit about 1200sqft. Each building has a metal roof, the left unit has covered parking. Tenants pay electricity with their own separate electric meter, there are 8 wells and 2 septic systems, all of the units have their own HVAC. All interior units have new flooring (most have ceramic tile throughout), and updated interiors. Most of the central AC units are new within the last few years. Priced based on condition and seller is not willing to do any repairs. There is no for sale sign on the property
Broker and Associates are licensed in the State of Louisiana, USA.
The Robin Group of Keller Williams Realty Services || 985-778-2525 || Mandeville, LA.
Terms & Conditions
© 2024 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Robin Group of Keller Williams Realty Services. Data last updated: 2024-09-15T23:34:32.663.
Listing courtesy of Gulf South Real Estate Information Network.