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River Park Apartments 15909 River Rd 50 Unit Apartment Building $8,924,511 CAD ($178,490 CAD/Unit) 8% Cap Rate Hahnville, LA 70057

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Executive Summary

OPPORTUNITY ZONE.
Completely rebuilt/renovated in 2022.
Zero deferred maintenance.

Property Facts

Price $8,924,511 CAD
Price Per Unit $178,490 CAD
Sale Type Investment
Cap Rate 8%
No. Units 50
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 4.11 AC
Building Size 46,336 SF
Average Occupancy 100%
No. Stories 2
Year Built 1966
Parking Ratio 1.61/1,000 SF
Opportunity Zone Yes
Zoning R-3

Amenities

Unit Amenities

  • Dishwasher
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower

Site Amenities

  • Laundry Facilities
  • Property Manager on Site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 - 700
2+1 30 - 900
3+1 8 - 1,150

Property Taxes

Property Taxes

Parcel Number
15350000001A
Land Assessment
$36,807 CAD
Improvements Assessment
$260,700 CAD
Total Assessment
$297,507 CAD
  • Listing ID: 39502767

  • Date on Market: 2026-02-20

  • Last Updated:

  • Address: 15909 River Rd, Hahnville, LA 70057

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