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$ 3,000,000
$ 3,500,000 14.3%
Est. payment | /mo
$ 3,000,000
$ 3,500,000 14.3%
Est. payment | /mo
Key Details
Sold Price $3,000,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BR2025003816
Sold Date 04/04/25
Property Sub-Type Multi Family
Property Description
Nestled on 15+ acres in the scenic hills of West Feliciana Parish, Rosedown Court presents a rare chance to own one of the largest multifamily operations in St. Francisville. This exclusive community consists of 15 duplexes (30 total units), each available for individual sale--offering exceptional flexibility for investors and owner-occupants alike. St. Francisville is known for its rich history, charming small-town appeal, and steady economic growth. Further enhancing the area's appeal, West Feliciana Parish has secured land for a state-of-the-art AI-powered Bitcoin mining facility, expected to drive job creation and increase demand for rental housing--particularly among turnaround workers and professionals relocating to the area. Many units have been thoughtfully updated with new roofs, flooring, fresh paint, and popcorn ceiling removal. All duplexes share the same spacious floor plan, and rental rates have been raised to $1,200 per month per unit, with a few exceptions for long-term tenants. Residents enjoy a serene setting with generous spacing between neighbors, while community amenities, including a tennis court and pavilion, offer additional potential for enhancement. A premier investment in a growing market, Rosedown Court is professionally managed, with ongoing renovations ensuring top-quality rental properties. One unit will be available for showing; please do not disturb tenants. Full property inspections are contingent upon an accepted offer.
Location
State LA
Interior
Heating Central, Heat Unit(s)
Cooling Central Air, Wall Unit(s), AC Unit(s)
Appliance Dishwasher, Disposal, Refrigerator, Electric Cooktop
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Balcony
Garage Spaces 60.0
Community Features Tennis Court(s)
Utilities Available Cable Connected
Total Parking Spaces 60
Building
Foundation Slab
Sewer Public Sewer
Water Public
Others
Tax ID 11026750 02
Acceptable Financing Cash
Listing Terms Cash
Listed by Reve REALTORS