1240 Mississippi St, Donaldsonville, LA 70346

Commercial property for lease

• Description
• 14% ROI! Historic home on River Road in Donaldsonville with 4 fully furnished corporate rentals providing great cash flow! Beautiful house that has been lovingly restored, including exterior paint in 2016, foundation shored and leveled in 2015, mostly rewired and re-plumbed, whole house solar water heater, standing seam metal roof, 2 sets of washers/dryers for tenants' use, under termite contract, relaxing front porch overlooking Mississippi River levee, large back porch with open pasture behind home. Quiet setting convenient to Gonzales, Prairieville, industrial plants along the river and interstate make these apartments easy to rent. Property recently appraised for $335K for the structure only, not including the business. With a full price offer sale will include the turn key business (fully furnished units, ascensioncorporaterentals.com website and 6 months of management assistance during transition. Owner occupant can live for free and still generate cash every month!
• Exterior Features

• Parking Type:

  Surface

• Contact info
• Michael H Glisson, Jr

  Glisson Properties Real Estate LLC
• Note

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