$2,900,000
$2,900,000
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64,040 SqFt
SOLD DATE : 12/28/2023
Key Details
Sold Price $2,900,000
Property Type Multi-Family
Sub Type Apt Complex (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 64,040 sqft
Price per Sqft $45
Subdivision Gentilly
MLS Listing ID 2024003931
Sold Date 12/28/23
Lot Size 1.450 Acres
Property Sub-Type Apt Complex (5+ Units)
Property Description
SELLER FINANCING OPPORTUNITY This property consists of five townhouse style apartment buildings totaling approximately 34,000 sf of building area. These five buildings are sitting on six parcels of land totaling approximately 63,000 sf. There are 28 two story apartment units of approximately 980 sf of living area with 2 bedrooms and 1.5 baths. Property Highlights - New roofs - Individually metered for water and electricity - Tenants pay all utilities - Each unit has a washer and dryer hook up - Long term tenants - Long term owner - Several units are Section 8 units - Professionally managed - Some updated appliances For CA and Financials visit: https://dealroom.realnex.com/ca.aspx?data=%2f0pASgiIq3rLQh5FkwXiIQ%3d%3d
Location
State LA
County Orleans
Direction From Kenner drive East on I-10 and get on I-610. Get off on Franklin Ave towards the Lake (North). Take a Left on Allen Toussaint Blvd, then take a right on Arts St. You will see them on the left.
Interior
Heating Central
Cooling Central Air
Flooring Other
Appliance Refrigerator
Exterior
Exterior Feature Balcony
Garage Spaces 40.0
Fence Other, Partial
Private Pool false
Building
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Orleans Parish
Middle Schools Orleans Parish
High Schools Orleans Parish
Others
Acceptable Financing Cash, Other, Owner Will Carry
Listing Terms Cash, Other, Owner Will Carry
Special Listing Condition As Is
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