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Zurqui On Cannon 41063 Cannon Rd 48 Unit Apartment Building $6,576,000 ($137,000/Unit) Gonzales, LA 70737
Executive Summary
Now for sale, 41063 Cannon Rd offers a 48-unit multifamily property situated on ±2.18 acres. All unit interiors and building exteriors were fully renovated in 2022.
The community consists of twelve (12) two-story buildings - each building containing 4 – 2 Bedroom / 2.5 Bathroom units.
The first floor of each unit includes a kitchen, living and dining area, half bathroom, and laundry nook, while the second floor features two bedrooms, two full bathrooms, and three closets, providing ample storage.
The property is located ±3 minutes from Airline Hwy, providing convenient access to numerous nearby goods and services including the Bayou Plaza Shopping Center, Lowe’s, Domino’s Pizza, Smoothie King, Jack in the Box, and more.
Zoned MU (Mixed Use Corridors) and RM (Medium Intensity Residential).
The community consists of twelve (12) two-story buildings - each building containing 4 – 2 Bedroom / 2.5 Bathroom units.
The first floor of each unit includes a kitchen, living and dining area, half bathroom, and laundry nook, while the second floor features two bedrooms, two full bathrooms, and three closets, providing ample storage.
The property is located ±3 minutes from Airline Hwy, providing convenient access to numerous nearby goods and services including the Bayou Plaza Shopping Center, Lowe’s, Domino’s Pizza, Smoothie King, Jack in the Box, and more.
Zoned MU (Mixed Use Corridors) and RM (Medium Intensity Residential).
Property Facts
| Price | $6,576,000 | Building Class | C |
| Price Per Unit | $137,000 | Lot Size | 2.12 AC |
| Sale Type | Investment | Building Size | 55,000 SF |
| No. Units | 48 | Average Occupancy | 92% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1992 |
| Apartment Style | Garden | ||
| Zoning | MU | ||
| Price | $6,576,000 |
| Price Per Unit | $137,000 |
| Sale Type | Investment |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.12 AC |
| Building Size | 55,000 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1992 |
| Zoning | MU |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 48 | - | 1,100 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 03733-604 | Improvements Assessment | $17,100 |
| Land Assessment | $4,280 | Total Assessment | $21,380 |
Property Taxes
Parcel Number
03733-604
Land Assessment
$4,280
Improvements Assessment
$17,100
Total Assessment
$21,380
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Zurqui On Cannon | 41063 Cannon Rd
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