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R E A L E S T A T E  OFFICE 225 298 1250 CELL 225 802 9916 OVERVIEW Residential Development Opportunity 15032 Shenandoah View Court For.

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Presentation on theme: "R E A L E S T A T E  OFFICE 225 298 1250 CELL 225 802 9916 OVERVIEW Residential Development Opportunity 15032 Shenandoah View Court For."— Presentation transcript:

1 R E A L E S T A T E  CAR@MMCRE.COM OFFICE 225 298 1250 CELL 225 802 9916 OVERVIEW Residential Development Opportunity 15032 Shenandoah View Court For more information contact: Maestri-Murrell, Inc. 9018 Jefferson Hwy, Suite A Baton Rouge, LA 70809 Shenandoah View Court presents a unique opportunity for a developer as this property is bank owned and is in a great location going forward for both rental and home sales. The site is approx. 4.07 acres and is located 1.3 miles from the new Woman’s Hospital being built on Airline Highway. The zoning of the land allows for a maximum density of 68 units to which there are construction plans completed and available. Another concept for the property is single family home sites which has been preliminarily approved by the City. The proposed plan calls for 17 lots. Details are included later in this package. Currently asking $925,000. Bring any and all offers! Bank is extremely motivated. 225-298-1250Telephone 225-298-1251 Facsimile  Office: (225) 298-1250

2 R E A L E S T A T E  CAR@MMCRE.COM OFFICE 225 298 1250 CELL 225 802 9916 Description1 Mile3 Mile5 Mile Population 2009 Estimates9,39250,657123,433 2014 Projections9,74152,723127,545 Households 2009 Estimates3,41319,91649,624 *2014 Projections3,57020,84151,493 2009 Est. Average Household Income$ 76,375$ 75,447 $74,623 **2009 Est. Median Household Income$ 67,111$ 61,671$ 58,880 2009 Est. Per capita Income$ 28,814$ 29,590$ 30,124 DEMOGRAPHICS *As of 2004 Quarter Report **Not confirmed by NCREA as of 10/08/07 Residential Development Opportunity  Office: (225) 298-1250

3 R E A L E S T A T E  CAR@MMCRE.COM OFFICE 225 298 1250 CELL 225 802 9916 17 Lot Layout  Office: (225) 298-1250

4 R E A L E S T A T E  CAR@MMCRE.COM OFFICE 225 298 1250 CELL 225 802 9916 Architectural Plans Included in purchase price  Office: (225) 298-1250 68 Unit Condo Layout

5 R E A L E S T A T E  CAR@MMCRE.COM OFFICE 225 298 1250 CELL 225 802 9916 Condo Proposed Elevations  Office: (225) 298-1250

6 R E A L E S T A T E  CAR@MMCRE.COM OFFICE 225 298 1250 CELL 225 802 9916  Office: (225) 298-1250


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