Eastgate Dr, Hammond, LA 70403 - multi-family property

Detailed information about multi-family property which situated in Hammond (70403) city, Louisiana state on Eastgate Dr.
Hammond is intersected by Interstates I-12 and I-55. Its airport has a long runway which serves as a backup landing site for Louis Armstrong New Orleans International Airport and serves as a major training site for the Louisiana Army National Guard. Approximately 15 miles south of Hammond, on both the railroad and Interstate 10, lies Port Manchac, which provides egress via Lake Ponchartrain with the Gulf of Mexico. The combination of highway-rail-air-sea transportation has transformed modern Hammond from a strawberry capital to a transportation capital. The city hosts numerous warehouses and is a distribution point for Wal-mart and other businesses, and Southeastern Louisiana University in Hammond offers the state's only academic degree in supply chain management. Southeastern Louisiana University has over 17,000 students. Hammond's proximity to New Orleans and Baton Rouge - less than an hour from each - has stimulated tremendous growth. Tangipahoa Parish is becoming one of the newest suburbs to both cities. Hammond and Tangipahoa Parish are now among the fastest growing cities and parishes in Louisiana There is an abundance of new development, both commercial and residential.

Additional Information: Eastgate Townhomes are strategically located close to Southeastern University in Hammond, LA. 33 Units are being offered for sale; 18 two bedroom units (1403 SF Living) and 15 three bedroom units ( 1456 Living SF). Total annual expenses are $68,908.00 and Eastgate averages a 9% Vacancy rate. The Potential Rental Income is $357,000.00! Eastgate townhomes can also be sold as individual units!