203 W Alabama Ave

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203 W Alabama Ave

Ruston, LA 71270
Business Price
$395K
Asset Type
Creative Office Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 203 W Alabama Ave in Ruston, Louisiana.
  • Creative office property available for purchase at $395,000.
  • Owner financing is available for a portion of the price.
  • Asset serves as a professional space for business operations.
  • Situated within a growing hub in the North Louisiana region.

What's Special

Ruston serves as a central hub within North Louisiana, characterized by its growing local economy and proximity to major educational institutions. This creative office space, located at 203 W Alabama Ave, provides a strategic setting for professional enterprises, design studios, or specialized service firms seeking a base in this established market. The property benefits from the regional connectivity offered by the local transit infrastructure and a steady flow of commerce within the city. This business asset is currently listed for sale at $395,000. Potential buyers have the flexibility of owner financing for a small portion of the purchase price, allowing for adaptable capital planning. The facility is well-suited for businesses focused on collaborative work environments or those requiring a distinctive office layout to accommodate creative operations. Its position in the city ensures accessibility for clients and staff while remaining integrated into the broader North Louisiana business landscape.

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066

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