Property Profile.
Location & Area Profile.
Address
58010 Main Street · Plaquemine, LA 25 min to Baton Rouge
| 5-Mile Pop. | ~15,000 |
|---|---|
| 5-Mile Median HHI | $88,000 |
| City Population | ~6,600 |
| Trade Area | Iberville Parish |
| Major Metro | Baton Rouge · 25 min |
Plaquemine is a strategic industrial and service hub in the Baton Rouge metro — anchored by petrochemical, manufacturing, and logistics employers along the Mississippi River. Surrounding national retailers within 1 mile include Regions Bank, CVS, Subway, Little Caesars, Family Dollar, O'Reilly, AutoZone, Tower Loan, and Bealls — a stable, recession-resilient retail node anchored by daily-needs categories.
Deal Summary.
| Deal Summary | |
|---|---|
| Purchase Price | $1,075,000 |
| Initial Investment | 30% |
| Down Payment | $322,500 |
| NOI | $84,023 |
| CAP Rate | 7.82% |
| Projected Exit CAP RateEstimated national average at projected exit | 7.00% |
| Lending Assumptions | |
| Stated LTV | 70% |
| Estimated Interest RateSubject to change based on lending market factors | 6.50% |
| Amortization | 25 |
| Term | 5 |
| Bank Loan Amount | $752,500 |
| Investor Contribution Summary | |
| Initial Investment | $322,500 |
| Down Payment AssistanceNot available on 1031 | $0 |
| Total Investor Contribution | $322,500 |
| Investor Down Payment % | |
| Total Investor Contribution | $322,500 |
| Purchase Price | $1,075,000 |
| Investor Down Payment % | 30.0% |
| Debt Service Summary | |
| Annual Bank Mortgage | $60,971 |
| Custom Preferred Dividend | $0 |
| Total Annual Debt Payments | $60,971 |