Property Listing No Longer Available for Sale

71338 Hwy 21, Covington, LA

Health Care for Sale - $3,990,000 - 48,978 Sq. Ft. on 3.95 acres


Property Info

CIMLS #1048992
Location71338 Hwy 21
Covington LA 70433
Last UpdatedJune 7th, 2019
TypeHealth Care
Price$3,990,000
Building48,978 Sq. Ft.
Land3.95 acres
DemographicsView data

Property Description

This ONLINE AUCTION is for a ±48,978 SF multi-tenant medical center on 3.95 acres in Covington, LA.

Covington boasts one of the fastest growing economies in Louisiana, bolstered by its rising reputation as a medical hub coupled with one of the State’s highest per capita income rates. With an excellent location on Highway 21 in Covington, within 2 miles of 6 hospitals and numerous medical office centers. The facility was COMPLETELY RENOVATED IN 2013 and the property’s major tenant is Children’s Hospital. Perfect for an owner/user or investor this property offers enormous potential and pride of ownership.

Property highlights/features include:

• ±46,548 SF multi-tenant medical office building & ±2,430 SF secondary building

• Complete Renovation in 2013

• Easy access with frontage on Hwy 21

• Decorative Landscaping featuring beautiful courtyards

Covington, Louisiana, founded in 1813, is a charming Southern community nestled among three beautiful rivers, perfectly located at a fork of the Bogue Falaya and the Tchefuncte River. This magnetizing city holds the parish seat of, St. Tammany Parish, Louisiana. The historic downtown district streets are lined with an eclectic mix of boutiques, art galleries, specialty shops and restaurants. Special care has been taken to ensure the conservation of Covington's historic homes and buildings while also allowing for the modernization of its infrastructure.

MINIMUM BID: $3,990,000

BID DEADLINE: Thursday, July 25th, 5 pm CDT

For Property Details and Online Auction Information visit www.FRE.com/289D7.