Catylist ID: #30836071
University area 14 unit complex with 2-3 buildable lots!
Multi-Family for Sale
|Catylist Listing ID:||30836071|
|Number of Units:||14 Units|
|Building Size (RSF):||8,158 SF|
|Gross Land Area:||14,375 SF|
|Unit Price:||$125,000 Per Unit|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller|
|Average Occupancy Rate:||100|
Overview / Comments
Rare opportunity to purchase a University/Carrollton 14 unit complex with 3 extra lots for future development! The complex was renovated from the ground up in the 2010's with all new framing, electrical, plumbing, HVAC's, siding, porches, & roofs & is in excellent condition.
Current rent of $13,700 with additional laundry and parking income. There is room for value add with upgraded appliances & rent escalations but the hard work is done. Buildings have low maintenance exteriors & are located in a high demand rental area that still has room for growth.
8525 Hickory also for sale located across the street for $775,000. $2,500,000 for both
1st showing: Wed March 15, 11am - 2pm,
2nd Property Showing: Mon, March 20 11am - 2pm,
Offers Due: Thurs, March 23 at 5pm.
Attachments & Media
|Nearest MSA:||New Orleans-Metairie|
|Submarket/Township:||Greater New Orleans|
|Total Number of Buildings:||2|
|Number of Stories:||2|
Driving Directions / Aerial Imagery:
Bird's Eye View | Google Maps | Google Street View
|Proximity:||1 mile||3 miles||5 miles|
Peter B GardnerKeller Williams Realty New Orleans New Orleans, LA 70118-1022
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