FRENCH QUARTER RENTALS W 11 GARAGE PARKING
Multi-Family
for Sale
| Catylist Listing ID: |
30853617 |
| Number of Units: |
2 Units |
| Building Size (RSF): |
7,012 SF |
| Sale Price: |
$2,400,000 |
| Unit Price: |
$1,200,000 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/22/2023 |
Overview / Comments
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Completely renovated French Quarter building located steps away from Jackson Square with two luxury apartments, 11 garage parking spaces plus storage. Residential apartments on the 2nd floor are 2 bed 2 bath units each with over 1260 living sf and a gorgeous covered balcony over looking Chartres St. New 1400lb passenger elevator connects the parking are to the 2nd floor landing area for the apartments. Enjoy the best the FQ has to offer in this fantastic location. This building also has room to grow for the buyer looking to add additional apartments above the parking area.
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Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Orleans |
| Submarket/Township: |
French Quarter |
| Tax ID/APN: |
207100514 |
| Percent Occupied: |
100% |
| Total Number of Buildings: |
1 |
| Property Condition: |
Excellent |
| Number of Stories: |
3 |
| Parking Description: |
11 GARAGE PARKING SPACES |
| Total Parking Spaces: |
11 |
| Passenger Elevators: |
1 |
| Lot Frontage: |
42.6 |
| Lot Depth: |
120 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
24,642 |
179,641 |
393,474 |
| Median Age: |
40.88 |
36.16 |
36.67 |
| Households: |
12,900 |
78,969 |
165,225 |
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