Attractive Low Cost Bond For Deed financing!

Retail-Commercial for Sale
Catylist Listing ID: 30852542
Property Subtypes: Free-Standing Building
Building Size (RSF): 11,000 SF
Gross Land Area: 0.37 Acres
Sale Price: $2,000,000
Unit Price: $181.82 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 2/21/2024

Overview / Comments

Super attractive acquisition opportunity for qualified purchaser(s) via Bond for Deed seller financing. Proof of Funds Required.

Sale Price: $2,000,000
Down Pmt: $500,000 (25%)
Amt. Fin. $1,500,000
Fin. Term: 10 years
Int. Rate: 4.5% A.P.R.
Mo. Pmt: $15,545.76

Seller requires a minimum of 90 days to vacate property.

- Central Metairie location easily accessible via I-10, Veterans and Causeway
- Attractive Tilt-Up Concrete building (8,000 SF ground and 3,000 SF up)
- Functional and Flexible Layout can accommodate a wide range of uses
- Landlord to deliver with all MEP's in good working condition

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: 40148
Zoning: FC3 (FAT CITY MIXED USE)
Property Located Between: Veterans Blvd. & 18th Street
Total Parking Spaces: 19

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,887 131,536 309,264
Median Age: 38.43 41.29 39.03
Households: 12,292 58,341 130,276

Contact

Photograph of Listing Agent

David Da Cunha

Property One Inc New Orleans Metairie, LA 70002
LACDB Member
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