2704 W California Ave - Apartments FOR SALE


Ruston, LA 71270
$850,000 USD
318-801-9921
2704 W California Ave, Ruston, LA for Sale
$850,000 USD
Apartments - FOR SALE
1/17
null | 9.43% Cap Rate

2704 W California Ave
Ruston, LA 71270


HIGHLIGHTS

  • High tenant pool being a few minutes from Louisiana Tech.
  • Completely renovated, so is an immediate turn key property.

OVERVIEW

Prime investment opportunity in Ruston, LA! This Turn-Key 8-Unit Multifamily property is only a few minutes from LA Tech & consists of three duplexes and two stand-alone houses. All units have been completely updated & remodeled which will reduce immediate maintenance costs. The two homes in the back have their own oasis and plenty of parking. Sewer & utilities are provided by the city, creating even easier maintenance duties. The lot is 1.66 acres, offering even more potential in the future. With such a high rental demand & strong tenant pool, the college town hype is calling your name. Make an appointment to see while the opportunity is here!

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$106 USD /SF

# OF UNITS

8

PRICE/UNIT

$106,250

CAP RATE

9.43%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,310 SF

ZONING

C-2

APN/PARCEL ID

2137

ASK ABOUT THIS PROPERTY

Brandy BellColdwell Banker Group One RealtyMore Info
318-801-9921

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Brandy BellColdwell Banker Group One RealtyMore Info
318-801-9921

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