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Investment Highlights

  • 2.3 miles from SLU
  • Flood Zone X
  • 2 miles from Mall and interstate

Executive Summary

Unique opportunity to acquire a 12-unit complex within walking distance to downtown Hammond. The property comprises of two 4-plex buildings situated on two individual lots, two duplex buildings situated on 2 individual lots totaling 4 lots at the corner of Old Covington HWY and S Range Rd. (1300,1302,1304,1306 S Range Rd) A fenced, private concrete parking lot with green space adds to the complex's appeal. This location offers unparalleled convenience. Each of the 2-bedroom, 2-bathroom units features a private storage room accessible from the back patio. The all-brick units boast gutters and stucco-accented front porches. City utilities, including water and sewer, are provided, with all-electric units and no gas. High speed internet available with several providers to choose from. A private dumpster is available onsite for residents. Kitchens are equipped with stoves, microwaves, dishwashers, refrigerators, and washer-dryer laundry rooms for each unit. The open floor plan is a notable feature. The complex is less than 2 miles from Hammond Square Mall and I-12 access, and 2.3 miles from SLU. Residents enjoy convenient access to grocery stores, education, interstate highways, entertainment, and restaurants, all within walking, biking, or short driving distance. The property is located in Flood Zone X.

Property Facts

Price $2,337,432 CAD
Price Per Unit $194,786 CAD
Sale Type Investment
Sale Conditions
Bulk/Portfolio Sale
  • Business Value Included
No. Units 12
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Townhome
Building Class C
Lot Size 0.96 AC
Building Size 11,784 SF
Average Occupancy 100%
No. Stories 1
Year Built 2004
Zoning MXC - Mixed Commercial

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Dining Room
  • Large Bedrooms

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 12 $1,787 CAD 982
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 06157777
  • 06157769
  • 01322400
  • 06157750
Land Assessment
$13,512 CAD
Improvements Assessment
$84,454 CAD
Total Assessment
$97,966 CAD
  • Listing ID: 40544078

  • Date on Market: 2026-05-15

  • Last Updated:

  • Address: 1300 S Range Rd, Hammond, LA 70403

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