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944 N COLUMBIA ST
COVINGTON, LA 70433-2158
Asking Price
$479K
Asset Type
Medical Office Office
Class
Class B
What's Special
<ul><li><span style="color: rgba(3, 7, 18, 1)">±2,160 SF medical office building</span></li><li><span style="color: rgba(3, 7, 18, 1)">±0.39-acre lot</span></li><li><span style="color: rgba(3, 7, 18, 1)">Former pediatric clinic – move-in ready for medical use</span></li><li><span style="color: rgba(3, 7, 18, 1)">8 treatment rooms with sinks</span></li><li><span style="color: rgba(3, 7, 18, 1)">2 waiting/lobby areas</span></li><li><span style="color: rgba(3, 7, 18, 1)">2 restrooms</span></l
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NOI
$80,000
Cap Rate
16.70%
DSCR
2.81
Strong
Cash-on-Cash
35.88%
Monthly Payment
$2,369.831
Annual Cash Flow
$51,562.032
