Commercial Property of the Week, sponsored by Elifin Realty: Cash-flowing Magnolia Villas for sale

Magnolia Villas is a 40-unit apartment complex consisting of 10 two-story buildings on 2.67 acres. The complex was constructed in 2012 (making the asset less than 10 years old) and is well positioned for strong occupancy among the numerous industrial plants on the Mississippi River just 20 minutes south of LSU. All units are 3 bedroom/2 bath and are leased at below market rates, creating opportunity for strong upside in investment potential. With little deferred maintenance and low competition in the area, Magnolia Villas is an attractive multifamily asset offering both short- and long-term financial returns. View the financials and listing here.