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About This Home
This 0-bedroom, 0-bathroom multi-family at 46434 W LEE HUGHES Road in Hammond, LA is listed for $2,150,000 ($123 per sqft). Built in 1998, the home offers 17,513 sqft of living space on a 1.85 acres lot.
Located in the heart of Hammond, Westview Village Apartments at 46434 W. Lee Hughes Road presents an outstanding multifamily investment opportunity featuring 24 fully occupied units, each offering 2 bedrooms and 1 bathroom. Situated on approximately 1.85 acres, this well-maintained complex consists of three buildings constructed on concrete slabs with attractive brick and vinyl siding exteriors.
The asphalt shingle roofs were replaced approximately three years ago, providing added value and peace of mind for future ownership. The property offers desirable tenant amenities including an on-site coin-operated laundry facility and eight additional storage units currently utilized by ownership, creating potential for additional rental income.
A large concrete parking area provides convenient access and ample parking for residents and guests alike. Utilities include parish water service with a single master meter, a septic sewer system, and there is an office space available for ownership as well.
Westview Village benefits from a highly convenient location just minutes from Interstate 55 and Interstate 12, allowing easy commutes to both Baton Rouge and New Orleans. The property is also located near Southeastern Louisiana University, local schools, shopping, restaurants, medical facilities, parks, and numerous everyday conveniences, making it highly attractive to tenants.
With strong occupancy, a stable tenant base, and opportunities for increased revenue, Westview Village offers investors a reliable income-producing asset in one of Tangipahoa Parish's most desirable rental markets. 7% CAP!
Key Features
- Built in 1998
- 1.85 acre lot
Property Details
Amenities
Monthly Cost Estimate
$11,499/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
46434 W LEE HUGHES Road
Hammond, LA 70401
Not a Subdivision
Features & Amenities
Exterior Features
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 46434 W LEE HUGHES Road is listed at $2,150,000 ($123/sqft). The estimated monthly payment is $9,317 based on 20% down at 6.5% interest.
Key features include: Built in 1998, 1.85 acre lot. Exterior Features: Fence, Security Cameras.
This property is listed by Sergio Mesa and can be reached at (985) 542-7601 or sergio@elite-rea.com.
