Contacts
Bryce French
Max J. Derbes
(504) 733-4555
Property Details
- Property Type Multi-Family
- Property Size 11,500 SF
- Units 10
- Date Updated Jan 22, 2024
SUMMARY
10 unit apartment complex
100% occupied
Brick façade with slab foundation.
30 year shingles installed after Katrina
(8) 2bed 1.5bath
(2) 4bed 1.5bath
Each unit has been renovated at
tenant turnover with 5 of 10 units
freshly painted with vinyl wood plank
flooring over the last three years.
Located in an Opportunity Zone
NET OPERATING INCOME
$110,964.00 Current Annual Rents
($18,342.50) Expenses (taxes and insurance)
$92,621.50 Current NOI
SALE PRICE
$1,325,00.00
7% Cap Rate
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Chalmette, LA
- Neighborhood Chalmette
- Zip Code 70043
- Market New Orleans
Points of Interest
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French Market
5.29 miles
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Ursulines Avenue
5.39 miles
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Saint Claude at Elysian Fields
5.42 miles
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Dumaine Street
5.47 miles
-
John Churchill Chase Street
5.54 miles
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Julia Street
5.54 miles
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Saint Claude at Pauger
5.58 miles
-
Toulouse Street
5.58 miles
-
Poydras Street
5.58 miles
-
Canal Street
5.60 miles
-
Shell
0.53 miles
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Alex Chevron
1.72 miles
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Murphy USA
3.78 miles
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Exxon
4.28 miles
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D's Express
4.47 miles
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Franklin Shell
5.05 miles
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Shell
5.49 miles
-
Murphy USA
5.55 miles
-
CGX Gas
5.69 miles
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Mardi Gras Truck Stop
5.76 miles
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Pay Parking Lot
5.31 miles
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Erato St Cruise Terminal
5.50 miles
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Harrah's New Orleans Parking Garage
5.69 miles
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Lot F
5.78 miles
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Lot B
5.79 miles
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Premium Parking Lot P296
5.91 miles
-
E-Z Park
6.05 miles
-
Premium Parking
6.05 miles
-
Premium Parking Lot
6.12 miles
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Roman Parking Garage
6.78 miles
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Holiday Inn Express & Suites Chalmette - New Orleans S
1.26 miles
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Federal City Inn & Suites
3.75 miles
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La Quinta Inn New Orleans West Bank / Gretna
4.46 miles
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Courtyard by Marriott New Orleans Westbank/Gretna
4.55 miles
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Holiday Inn New Orleans West Bank Tower
4.60 miles
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Jamie
4.75 miles
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Sentry Inn
4.97 miles
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Super 8 - New Orleans
5.05 miles
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Lions Inn Bed and Breakfast New Orleans
5.07 miles
-
Red Carpet Inn & Suites
5.11 miles
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Winn-Dixie Marketplace
0.47 miles
-
Walmart Supercenter
1.12 miles
-
Walmart Neighborhood Market
2.91 miles
-
Winn-Dixie
3.02 miles
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Rouses
3.33 miles
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Walmart Supercenter
3.94 miles
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Dillard's
4.41 miles
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Oakwood Center
4.51 miles
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JCPenney
4.56 miles
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Faubourg Fresh Market
4.87 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Bryce French
Max J. Derbes
(504) 733-4555