Commercial Property of the Week, sponsored by Elifin Realty: The only publicly-listed apartment complex for sale in Ascension Parish

    Ascension Townhomes, located in Louisiana’s fastest growing parish and featuring a 6.18% pro forma cap rate, is now available for sale. With potential upgrades available, this 48-unit complex is an excellent opportunity for the future owner to increase rents and keep expenses low. The complex is less than a mile from Airline Highway and sits near a Planet Fitness, a movie theater, a bowling alley, a Walmart Supercenter and Rouses. The complex lies within the highly regarded Ascension Parish school district and with strong historical occupancy and below-market rents, Ascension Townhomes is an appealing investment opportunity. Click here to view the listing.

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