19432 Highway 36 - Assisted Livings FOR SALE


Covington, LA 70433
$685,000 USD
504-451-8234

NO PHOTO

$685,000 USD
Assisted Livings - FOR SALE
null | 6.99% Cap Rate

19432 Highway 36
Covington, LA 70433


OVERVIEW

Great investment property on Highway 36 in Covington, LA. Long term tenant's are Waterworks District 2. Waterworks has been there since 2001. Acadian Ambulance has been there since 2009. Property is 2.240 acres. Large rectangular shaped parcel with 176' feet on Highway 36, 225' feet on Jenkins with a depth of 535' Feet. New Roof, rear canopy and gutters were installed in 2021. Very well maintained center.

FOR SALE DETAILS

PRICE

$685,000 USD

PRICE/SF

$8 USD /SF

CAP RATE

6.99%

% LEASED

94%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spring Creek Shopping Center

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.25 AC

LAND SF

98,010 SF

ZONING

C

APN/PARCEL ID

129507

ASK ABOUT THIS PROPERTY

Terrie HughesKPG Realty, LLCMore Info
504-451-8234

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Terrie HughesKPG Realty, LLCMore Info
504-451-8234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.