40279 Highway 23 Highway , 6

Buras, LA

Others for Sale - $1,000,000 - 4,339 Sq. Ft.


Agent Info

Bonnie Buras
Coldwell Banker TEC

Property Info

CIMLS#1155305
Location
  40279 Highway 23 Highway , 6
  Buras LA 70041
UpdatedFebruary 20th, 2024
TypeOthers
Price$1,000,000
Building4,339 Sq. Ft.

Property Description

Fantastic opportunity to own your own investment property in a spectacular Sportsman's Paradise Location. This 6-unit apartment building was renovated after Hurricane Katrina in 2005. Each furnished unit has a full built in kitchen including granite counter tops and wooden cabinets, dishwasher, disposal, ice mkaer, microwave, range/oven, refrigerator/freezer, and washer/dryer. 5 units have 2 bedrooms & 2 full bathrooms w/approx. 744 sq. ft.; 1 unit has 1 bedroom & 1 full bathroom w/approx. 521 sq. ft. Rear storage area w/approx. 100 sq. ft. 2 RV hookups at the rear. Great positive cash flow and currently booked for the year! Insurance is approx. $17,500. a year on building.


Financials