4289 93 Lac Saint Pierre Drive
Harvey, LA 70058
- 48 beds
- 40 baths
- 26,400 sqft
- $98 per sqft
- 1984 build
SELLER FINANCING OFFERED. 100% occupied 24-unit multi-family property located in Harvey, LA. This well-maintained 24-unit complex consists of a mix of 2 bed 1.5 bath units and 2 bed 2 bath units and includes 4 parcels of vacant land to build additional units. Based on market rent comparables included in this OM, there is room to increase rental rates to $1,350/mo. Each unit is condo’d. Harvey is a highly desirable market for both renters and investors alike. Multifamily properties in Harvey generally experience lower turnover and rent out extremely quick and 4289-93 Lac St. Pierre Drive is no exception. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations. Property amenities include a well-kept swimming pool, tennis court, washer & dryers in each unit, and ample parking for tenants. Our insurance broker advised it was only $400-500 additionally on the GL policy per year to insure the pool. In sum, 4289-93 Lac St. Pierre Drive represents an extraordinary investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.
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Last updated May 16, 2024
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MLS# 2432818 —
Walk Score®
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Bike Score®
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Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/5/24
Feb 5, 2024
|
Listed / Active | GSREIN | $2,600,000 |