Marrero Multi-Family

Multi-Family for Sale
Catylist Listing ID: 30320866
Property Subtypes: Duplex/Fourplex, Other
Number of Units: 8 Units
Building Size (RSF): 1,000 SF
Gross Building Area: 8,000 SF
Sale Price: $595,000
Unit Price: $74,375 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/4/2018

Overview / Comments

Four Doubles just off the Westbank Expressway in Marrero. Solid construction and strong rental market. Nice layout with a large living room, 2 good sized bedrooms and one bathroom per unit. Properties stay rented and have been well maintained.

Attachments & Media


Finance Data Year 2017
Real Estate Taxes - Annual($) $4,404 (Annual)
Gross Operating Income $71,400 (Annual)
Net Operating Income $58,800 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Outer Jefferson Parish
Tax ID/APN: JP-104768
Percent Occupied: 100%
Property Located Between: Westbank Expressway, Michael, Garden
Total Number of Buildings: 4
Property Condition: Good
Year Built: 1985
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,119 116,848 266,555
Median Age: 37.86 37.47 36.41
Households: 6,117 48,054 108,569


The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.