Lakeside Apartments for Sale

Multi-Family for Sale
Catylist Listing ID: 30332030
Property Subtypes: Mid-Rise
Number of Units: 65 Units
Building Size (RSF): 62,700 SF
Gross Building Area: See Agent
Sale Price: $4,000,000
Unit Price: $61,538.46 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/2/2018

Overview / Comments

Next to Lake Pontchartrain in East New Orleans. 12 separate buildings with 4 units each. Each unit has 2 bedrooms and one bath, approx. 1,120 S/F. High ceilings, wood floors, granite counter tops in kitchen. Renovated.

There is another 3 story building at 9500 Haynes. It has 17 units each with one bedroom and one bath. Approx. 526/SF to 608 S/F each. Almost fully leased.

Good income producing opportunity.

Please call Lucy Chun 504-606-7788.

Additional Details

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

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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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