1031 COLLINS BLVD

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1031 COLLINS BLVD

COVINGTON, LA 70433-1611
Asking Price
$775K
Asset Type
Commercial Land
Class
Class B

What's Special

1.26 Acres | Collins Blvd, Covington, LA <ul><li>​<span style="color: rgba(55, 65, 81, 1)">±1.26 acres</span></li><li>​<span style="color: rgba(55, 65, 81, 1)">Zoned CN (Neighborhood Commercial)</span></li><li>​<span style="color: rgba(55, 65, 81, 1)">Located on Collins Blvd between 31st Street and Edwards Ave</span></li><li>​<span style="color: rgba(55, 65, 81, 1)">Approx. 23,000 vehicles per day</span></li><li>​<span style="color: rgba(55, 65, 81, 1)">High-visibility commercial corridor</span></li><li>​<span style="color: rgba(55, 65

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NOI
$80,000
Cap Rate
10.32%
DSCR
1.74
Strong
Cash-on-Cash
14.62%
Monthly Payment
$3,834.277
Annual Cash Flow
$33,988.674

Location & Travel Times