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VERY nice, fully occupied, small apartment complex priced for a decent return. This property is located in Richland Parish (Delhi), Louisiana

Hidden Cove Apartments

Richland Parish, LA · 4 +/- AC · $1,200,000

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All boundary lines noted in pictures, aerials or maps should be considered estimates and not relied on as legal documents or descriptions.

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Hidden Cove Apartments in Richland Parish, LA

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Hidden Cove Apartments

 
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Richland Parish, Louisiana
4 +/- Acres
$1,200,000

Parcel #/ID:  0100280505 and 0100280511

VERY nice, fully occupied, small apartment complex priced for a decent return. 4 3 bedroom, 2 bath apartments app. 1250 sq ft, 16 2 bedroom, 2 bath apartments app 1000 sq ft. Large carports provide shelter for vehicles as well as serve for covered patios. Private swimming pool.

Constructed in 2011, these apartments have been well maintained. The grounds are also well kept and neat.

There is a very stable tenant population with little turnover and a waiting list. Asking $1,200,000. There is a good return at asking price. Price has some negotiating room. Financials are available to serious Investors only

This area is within driving easy driving distance of Vicksburg, MS and Monroe, LA.

Estimated Acres:

Apartments on 3 acres , another acre or so to add.

Residence:

  • Apartment
  • 331,250,210,000 +/- sqft
  • 4 3 BR, 16 2 BRBD/all 2 bathBA
  • Built in 2011

Legal Description:

4 acres in Sec, T17N, R9E, in SW corner of NW1/4

Property Highlights:

Estimated Income: (Call Agent for Details)

Rents- 2017: $147,718

TOTAL ESTIMATED INCOME: $147,718

Taxes:  $6,662/year (2017)

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