Fantastic Opportunity

Multi-Family for Sale
Catylist Listing ID: 30867915
Number of Units: 6 Units
Building Size (RSF): 4,339 SF
Sale Price: $1,000,000
Unit Price: $166,666.67 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/27/2024

Overview / Comments

Fantastic opportunity to own your own investment property in a spectacular Sportsman’s Paradise Location. This 6-unit apartment building was renovated after Hurricane Katrina in 2005. Each furnished unit has a full built in kitchen including granite counter tops and wooden cabinets, dishwasher, disposal, ice mkaer, microwave, range/oven, refrigerator/freezer, and washer/dryer. 5 units have 2 bedrooms & 2 full bathrooms w/approx. 744 sq. ft.; 1 unit has 1 bedroom & 1 full bathroom w/approx. 521 sq. ft. Rear storage area w/approx. 100 sq. ft. 2 RV hookups at the rear. Great positive cash flow and currently booked for the year! Insurance is approx. $17,500. a year on building.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Plaquemines
Submarket/Township: Plaquemines Parish
Tax ID/APN: 1744548
Property Located Between: Hwy 23 and Paul Morgan Road
Number of Stories: 1
Year Built: 2005
Construction/Siding: Wood Frame
Parking Description: Three or more, lot, off street parking
Sprinklers: None
Legal Description: Section 35 Township 20 South, Range 30 East, Plaquemines Parish, LA.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 710 710 1,947
Median Age: 37.08 37.08 37.76
Households: 253 253 677


Photograph of Listing Agent

Ron Patron

Coldwell Banker Commercial TEC Realtors New Orleans, LA 70115
LACDB Member
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