Hidden Point Homes presents a fully occupied, professionally managed multi-family investment situated on approximately 2 acres in Albany, Louisiana. This well-maintained asset offers immediate cash flow, operational efficiency, and long-term upside, making it an ideal addition to any investor's portfolio. The property consists of 8 residential units across 5 separate parcels, including a fourplex with four 2-bedroom, 1-bath units and four well-maintained 3-bedroom, 2-bath mobile homes, all of which are currently 100% occupied. In addition, the property includes a 1,800 sq ft metal warehouse/storage building, providing additional utility and future income potential (not included in the residential square footage). The asset is currently managed by a professional property management company and has been consistently well maintained, allowing for a smooth transition to new ownership with minimal disruption. Major capital improvements have already been completed, reducing near-term expenses. All roofs were replaced at the end of 2021, and the fourplex features approximately 3-year-old HVAC systems. Each structure operates independently with its own sewer treatment plant, municipal water, and individual electric and water meters, significantly reducing owner overhead and simplifying management. Every residential unit offers private washer and dryer hookups, and each structure is supported by dedicated asphalt parking pads, enhancing tenant convenience and retention. With diverse unit types, separate parcels, professional management in place, and stable occupancy, Hidden Point Homes is a strong opportunity for investors seeking reliable cash flow, operational efficiency, and long-term appreciation in the growing Livingston Parish market.
Listed By
Agency Name: The W Group Real Estate LLC
Agency Phone: 225-577-6555
Shown By
Agency Title: Wurth Real Estate Services
Agency Phone: (866) 961-4414
Estimated Payment
$ 1,913.10 per month $1,691.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $221.67 Homeowner's InsuranceSend an email with a link to
27859 Frindik Ln, Albany, LA 70711.
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27859 Frindik Ln, Albany, LA 70711.
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27859 Frindik Ln | MLS# 2025022331
This multi-family property located at 27859 Frindik Ln, Albany, LA 70711 is currently listed for sale with an asking price of $760,000. Frindik Ln is located within the Livingston Parish school district. Search Albany real estate on www.wurthre.com today.