Amy Phillips

27859 Frindik Ln, Albany, LA 70711

$760,000
  • 27859 Frindik Ln, Albany, LA 70711 Main Photo

20 Total Photos [Click to View All]

Active
BEDS0 BATHS SQUARE FEET7,417 MLS#2025022331
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLivingston Parish

Property Description

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.

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 aphillips.burnsandco.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Other
Lot Size: 2.07 Acres

Amenities

Lighting

Feature Descriptions

Appliances: Electric Cooktop, Dishwasher
Area: LIV MLS Area 80
Days on Site: 81
Exterior: Other Siding, Other
Foundation: Slab
Kitchen Features: Laminate Counters, Tile Counters
Parking Total: 16
Sewer: Individual Sewer
SQFT Total: 7417
Water: Public

Local Schools

School District: Livingston Parish

Listed By / Shown By

Listed By

Agency Name: The W Group Real Estate LLC
Agency Phone: 225-577-6555

Shown By

Agent Name: Amy Phillips
Agent Phone: (225) 620-7344
Agency Title: Burns & Co., Inc. REALTORS®

IDX logo

Estimate Your Payment

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 Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel