1. Louisiana
  2. Bastrop
  3. 250 HOLT STREET
$395,000

250 HOLT STREET, Bastrop, LA 71220

  • 4 baths |
  • 5,217 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1999
  • Property Lot Size Icon0.88acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $76/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Rare Investor Opportunity! Income-Producing Property offering 10% CAP Rate! Total Yearly Income: $72,000. Total Yearly Expenses: $32,470. Net Operating Income: $39,530. 250 Holt Street is a 5,217 SF building on .88 AC in Bastrop, LA. The building is very-well maintained and received a new roof, carpet and paint in 2018. Tenant: Louisiana State Office/Louisiana Workforce Commission. Tenant has occupied this location for more than 20 years per multiple 5-Year terms. Current Owner has enjoyed this Full-Service Lease since 2017. Current Tenant Lease term: October 1, 2022 to September 30, 2027. Showings by appointment only. Restricted days/times. Listing agent to accompany.

Listing Status:
Active
Date Added:
April 11, 2025 at 05:00AM
Listing Office:
John Rea Realty :
Listing Agent:
Jennifer Causey : 318-261-0892
MLS ID:
214202
  • General: StoragePrivate BathroomsTelephone SystemSee Remarks
  • Flooring: CarpetTile
  • A/C: Central AirElectric
  • Heating: ElectricCentral

This listing courtesy of Jennifer Causey, John Rea Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Morehouse Magnet School

909 Larche Ln, Bastrop, LA, 71220

Grades PK-10

1.78 miles away

M

Morehouse Magnet School

909 Larche Ln, Bastrop, LA, 71220

Grades PK-10

1.78 miles away

M

Morehouse Magnet School

909 Larche Ln, Bastrop, LA, 71220

Grades PK-10

1.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.