15313 W Hoffman Rd, Hammond, LA 70403

Property Description

INVESTMENT OPPORTUNITY! Well maintained 8-unit multifamily complex situated on 6. acres, offering strong existing rental income with excellent potential for future expansion. Conveniently located near the interstate, hospital, shopping and dining yet tucked away in a private setting that tenants appreciate. All 8 units have been remodeled within the past 3 years, and the roofs were replaced in 2021 reducing any need for immediate capital expenditures. The units are currently commanding strong rental rates for the area. These units are all electric, individually metered for city water and have no carpet. The apartments are located in flood zone X, with the back part of the property in flood zone A. Whether you are adding to an existing portfolio or looking for your first income producing property with room to grow, this multifamily investment offers a rare combination of established rental income, updated units, desirable location, privacy and development potential.