Office Park in Slidell

Office for Sale
Catylist Listing ID: 30812300
Property Subtypes: Business Park, Mixed Use, Office Building
Building Size (RSF): 5,100 SF
Gross Building Area: See Agent
Sale Price: $650,000
Unit Price: $127.45 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 8/3/2022

Overview / Comments

Incredible investment opportunity in Slidell! Located on Sergeant Alfred Dr, this property sits on .54 acres and holds 9 units in 4 separate buildings, all of which have new roofs as of this year. Currently, 7 of 9 units are leased, bringing in $63,500 in gross revenue. Fully leased, annual gross revenue is expected to reach $85,200. An additional .5 acre sits behind the property and can be included in the sale. If you are looking for a property with immediate cash flow, this is the one.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Tax ID/APN: 9a831c6c-ba7c-42b0-8ce8-87aad6cf8cc9
Zoning: C2
Property Visibility: Excellent
Total Number of Buildings: 4
Number of Stories: 1
Year Built: 1990
Year Renovated: 2006
Construction/Siding: Vinyl Siding
Parking Type: Surface
Total Parking Spaces: 22
Zoning Description: C2
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOTS 21 22 SQ 3 PINECREST CB 1106 221 CB 1337 497 INST NO 905735 INST NO 958180 INST NO 1023595 INST NO 1040783 INST NO 1148190 INST NO 1196290 INST N

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,831 47,544 83,929
Median Age: 35.85 38.19 38.21
Households: 1,845 17,511 31,221


Photograph of Listing Agent

George Jeansonne

French Quarter Realty
New Orleans, LA
LACDB Member
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