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.

View FullscreenMap

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

Contact

Photograph of Listing Agent

Ron Patron

Coldwell Banker Commercial TEC Realtors New Orleans, LA 70115
LACDB Member
© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions.