Description
700 Bossier St, Natchitoches, La value add 12 units total multi-family apartments, Consist of 2 bedroom 1 full bath. Central AC Heat, no window units. 2 separate units which consist of Apt 1-6, with the second unit consisting of 12-18. Large common space between units with iron fence. Would be great as a washateria residents and or bbq area-hangout for residents. 11 of 12 Units renovated or currently under renovation. 1 unit not renovated due to long term tenant. Current rent is $800 for renovated units, could be $1000 with current rent markets. Long term tenant currently pays $525 for unrenovated unit. Walking distance to Northwestern State University and downtown Natchitoches, Perfect for an investor looking to add to current rental portfolio. Current residents pay electric, landlord pays water. New roof will be added before sale takes place. Square footage, lot dimensions, are to be verified by the buyers agent.
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0BEDS
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0.56ACRES
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0BATHS
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01/2 BATHS
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12,000SQFT
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$83$/SQFT
School Ratings & Info
Description
700 Bossier St, Natchitoches, La value add 12 units total multi-family apartments, Consist of 2 bedroom 1 full bath. Central AC Heat, no window units. 2 separate units which consist of Apt 1-6, with the second unit consisting of 12-18. Large common space between units with iron fence. Would be great as a washateria residents and or bbq area-hangout for residents. 11 of 12 Units renovated or currently under renovation. 1 unit not renovated due to long term tenant. Current rent is $800 for renovated units, could be $1000 with current rent markets. Long term tenant currently pays $525 for unrenovated unit. Walking distance to Northwestern State University and downtown Natchitoches, Perfect for an investor looking to add to current rental portfolio. Current residents pay electric, landlord pays water. New roof will be added before sale takes place. Square footage, lot dimensions, are to be verified by the buyers agent.
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