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🏢 Just listed — Commercial Multifamily for sale in LaPlace, LA.

📍 Fairway Dr, LaPlace, LA
🏷  Commercial Multifamily · For Sale
💰 Contact for price

Fairway Dr, LaPlace, LA 70068

<ul><li>Direct access to Fairway Drive. ±100 yards from signalized intersection at Belle Terre Blvd & Fairway Drive. ±1,200 LF of Fairway Drive frontage and ±800 LF of golf course frontage</li><li>Public water and sewer, electric, natural gas, and

Full financials, photos, and broker contact:
https://commrty.com/property/louisiana/laplace/belle-terre-land-auction-4-88628-acres-fairway-dr-2459323-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=belle-terre-land-auction-4-88628-acres-fairway-dr-2459323

#LaPlace #Multifamily #CommercialRealEstate #CRE #Investment

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Home/LA/LaPlace

Fairway Dr

LaPlace, LA 70068

Asking Price

Contact for price

Asset Type

Commercial Multifamily

Class

Class B

What's Special

Fairway Dr, LaPlace, LA 70068 <ul><li>Direct access to Fairway Drive. ±100 yards from signalized intersection at Belle Terre Blvd & Fairway Drive. ±1,200 LF of Fairway Drive frontage and ±800 LF of golf course frontage</li><li>Public water and sewer, electric, natural gas, and telecom adjacent to site</li><li>Generally cleared; ready for development</li><li>End-user could consider rezoning to single-family residential</li><li>Adjacent and abuts Belle Terre Country Club (Tennis Courts & Hole #9). Single-family and office

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

8.00%

DSCR

1.35

Strong

Cash-on-Cash

6.88%

Monthly Payment

$4,947.454

Annual Cash Flow

$20,630.547

Location & Travel Times

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