By Joy Russell.Keller Williams Realty Red Stick Partners
Phone (225) 603-3559
For Sale . Residential Income
$888,000
$888,000
$888,000
For Sale . Residential Income
$888,000
Contact Us
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Home Details
Rare opportunity to acquire a multi-property investment portfolio featuring a mix of multifamily and commercial assets. Portfolio includes: 4171 W Brookstown (Parcel 399930) 16 units (8 2BR/1BA, 8 1BR/1BA) Adjacent Vacant Lot (Parcel 399949) 42 x 115 5659 Prescott Rd (Parcel 399973) 8 units (4 2BR/2BA, 4 1BR/1BA) 5661 Prescott Rd (Parcel 399922) 8 units (4 2BR/2BA, 4 1BR/1BA) 5725 Prescott Rd (Parcel 463175) commercial building (~2, 000 sq ft) Adjacent Commercial Lot (Parcel 463167) 50 x 190, zoned commercial All properties must be sold together. Properties require full renovations and present a strong value-add rental investment opportunity with significant upside potential. All units provide ample parking space. There is also a washeteria . Buildings are currently boarded, and seller will be responsible for unboarding serious buyers only. Seller is motivated but will not consider low or unrealistic offers. Interior access will be granted after an accepted offer, contingent upon inspection, along with submission of proof of funds or a bank pre-approval letter for a construction/renovation loan. Measurements are not warranted by owner or realtor.
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