Lakeside Apartments For Sale

Multi-Family for Sale
Catylist Listing ID: 30034892
Property Subtypes: Low-Rise/Garden
Number of Units: 65 Units
Building Size (RSF): 62,700 SF
Gross Building Area: See Agent
Sale Price: $3,500,000
Unit Price: $53,846.15 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/12/2017

Overview / Comments

Next to the lake. 12 separate buildings with 4 units in each. Each unit is 2 bedrooms and 1 bath, approx. 1,120/SF. High Ceilings, wood floor, granite kitchen counter tops. Newly renovated.

There is another 3 story building at 9500 Haynes. It has 17 units each with 1 bedroom and 1 bath. Approx. 526/SF to 608/Sf. 76% occupancy currently.

Excellent monthly cash flow. Most units renovated. Financials available for qualified buyers only. Please call to discuss. This is a confidential listing. Please do not approach employees or manager.
New Orleans East, next to Lake Pontchartrain.

Please call Lucy Chun 504-606-7788.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Northshore / N.O. East
Tax ID/APN: 41089070

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,507 56,596 105,753
Median Age: 30.6 33.09 34.24
Households: 5,454 20,450 39,257


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