Fully Renovated and Stabilized Multifamily Investment Opportunity

For Sale

2609 Transcontinental Dr, Metairie, LA 70001

This Metairie property for sale is located at 2609 Transcontinental Dr. The current listed sale price for Fully Renovated and Stabilized Multifamily Investment Opportunity is $1,450,000. Fully Renovated and Stabilized Multifamily Investment Opportunity is situated on a lot that is 0.26 acre in size.

Contacts

broker

Benji Azar

ELIFIN®

(504) 289-7750

Property Details

  • Property Type Multi-Family
  • Property Size 1 SF
  • Units 11
  • Lot Size 0.26 Acre
  • Property Tenancy Multi-Tenant
  • Year Renovated 2022
  • Date Updated Feb 5, 2024
Sq 19, Lot 3, parts of lots 38, 39, & 40This 11-unit investment property is fully stabilized. All units have been fully renovated, allowing for immediate tenant placement. The complex comprises one 2 bedroom / 1 bath unit and ten 1 bedroom / 1 bath units. Gated, dedicated off-street parking for tenants. New roof installed in 2022. The complex is equipped with an on-site laundry room. This property's convenient location offers ±3-5 minute access to I-10, ±2 minute access to Veterans Blvd, and ±1 minute access to W Napoleon Ave. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

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Highlights

  • Fully stabilized
  • All units have been fully renovated for immediate tenant placement
  • Gated, dedicated off-street parking for tenants
  • Located within ±5 minutes of I-10, Veterans Blvd, and W Napoleon Ave

Getting around

  • 71/100

    Walk Score ®

  • 50/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Metairie, LA
  • Neighborhood Metairie
  • Zip Code 70001
  • Market New Orleans

Points of Interest

  • Taxi Lot

    4.00 miles

  • Cemeteries

    5.02 miles

  • Canal at Saint Anthony

    5.19 miles

  • South Carrollton at Oak

    5.19 miles

  • South Carrollton at Willow

    5.19 miles

  • South Carrollton at Jeannette

    5.19 miles

  • South Carrollton at Freret

    5.20 miles

  • South Carrollton at Birch

    5.20 miles

  • South Carrollton at Hickory

    5.20 miles

  • South Carrollton at Maple

    5.20 miles

  • Chevron

    0.44 miles

  • Chevron

    0.52 miles

  • Shell

    0.53 miles

  • Exxon

    0.61 miles

  • Chevron

    0.69 miles

  • Texaco

    0.74 miles

  • Exxon

    0.74 miles

  • Discount Zone

    0.76 miles

  • Discount Zone

    0.82 miles

  • Shell

    1.13 miles

  • East Jefferson General Hospital Canal Garage

    1.26 miles

  • East Jefferson General Hospital Esplanade Garage

    1.32 miles

  • Bonnabel Boat Launch

    3.33 miles

  • Bonnabel Boat Launch Parking

    3.37 miles

  • Cell Phone Lot

    3.86 miles

  • Short Term Parking

    4.03 miles

  • Long Term Parking

    4.06 miles

  • Rental Car Facility

    4.22 miles

  • Credit Card Lot

    4.27 miles

  • Rosen Lot

    5.88 miles

  • Sleep Inn & Suites

    0.38 miles

  • Super 8

    0.64 miles

  • InTown Suites Extended Stay New Orleans - Metairie

    0.74 miles

  • La Quinta Inn

    0.89 miles

  • Wyndham Garden New Orleans Airport

    1.26 miles

  • Evergreen Plaza Inn

    1.27 miles

  • Rodeway Inn

    1.51 miles

  • Deep South Motel

    1.60 miles

  • Orleans Courtyard Inn

    1.85 miles

  • Fairfield Inn

    1.93 miles

  • Zuppardo's Family Market

    0.48 miles

  • Oriental Market

    0.58 miles

  • Target

    0.58 miles

  • Clearview Mall

    0.61 miles

  • Robért Fresh Market

    1.26 miles

  • TJ Maxx

    1.33 miles

  • Winn-Dixie

    1.48 miles

  • Rouses

    1.49 miles

  • Save-A-Lot

    1.65 miles

  • Big Lots

    1.76 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

broker

Benji Azar

ELIFIN®

(504) 289-7750