1835 Burgundy St - Apartments FOR SALE


New Orleans, LA 70116- Marigny
$1,250,000 USD
504-319-1452
1835 Burgundy St, New Orleans, LA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

1835 Burgundy St
New Orleans, LA 70116
Marigny


OVERVIEW

Newly Renovated 8 unit apartment building in the Marigny Triangle market, just blocks away from the French Quarter. Each unit is legally described as a separate condominium which provides for an excellent exit strategy for potential buyers. The property includes garage storage with laundry unit, fully gated for tenants, and a large second floor common area deck with a view of the French Quarter. Expenses and Rent Roll are in the flyer attached! Renovations just finished and owner is actively trying to rent it out. All units were rented before renovations took place. For more information contact Listing Agents.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$466 USD /SF

# OF UNITS

8

PRICE/UNIT

$156,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,071 SF

ZONING

HMR-1

APN/PARCEL ID

3-7W-1-018-28

ASK ABOUT THIS PROPERTY

Chris TalbotTalbot Realty GroupMore Info
504-319-1452

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Chris TalbotTalbot Realty GroupMore Info
504-319-1452

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.