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121 HOLMES BLVD
TERRYTOWN, LA 70056
Asking Price
$469K
Asset Type
Commercial Retail
Class
Class B
What's Special
<p><strong style="color: rgba(0, 128, 0, 1)">7 pristine lots of vacant land zoned for commercial development (C-1) at the brand new Oakwood Estates mixed-use development along Holmes Boulevard in Terrytown, priced to sell! Lots are BUILD-READY, and have already been outfitted with sanitary sewer taps, water taps, and stormwater drain connections already in place. Lots have been regraded so that current elevation is at or above base flood. Over $175K worth of improvements have been performed alre
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NOI
$80,000
Cap Rate
17.06%
DSCR
2.87
Strong
Cash-on-Cash
37.07%
Monthly Payment
$2,320.356
Annual Cash Flow
$52,155.727