Development Tract W/Multi-Family Income | Jefferson La Prime development opportunity located just 1 block from Ochsner Hospital at the corner of Jefferson & Causeway. The property is comprised of 10 contiguous lots and includes nine apartment rentals, one lot rental and one billboard rental for gross annual income of $124, 900. The property is ideally situated for a medical or office redevelopment opportunity with 157 ft frontage on Jefferson Hwy and rear access through Hawkston St. This well-maintained asset is well suited for investors seeking steady returns while in a hold period or seeking immediate redevelopment opportunities. Showings are by appointment only. Please do not disturb the tenant. .59 Acre Lot Commercial Zoning $124, 900 Gross Income 157 Ft Frontage Ideal for owner-user or investor One Block from Ochsner Hospital
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