3250-3350 Kabel Dr - Apartments FOR SALE


New Orleans, LA 70131- Old Aurora
$399,000 USD
504-417-5131
3250-3350 Kabel Dr, New Orleans, LA for Sale
$399,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

3250-3350 Kabel Dr
New Orleans, LA 70131
Old Aurora


OVERVIEW

Investment opportunity! Generates $4245 of monthly income! Add this fully occupied 4-plex to your real estate portfolio. Each unit features 2 bedrooms and 1.5 bathrooms, offering a functional and desirable layout for tenants. The property also features separate electric and water meters for each unit, making utility management more convenient. NEW ROOF! With all four units currently occupied, this property offers an opportunity for an investor looking to acquire an established multifamily asset with existing tenants in place. Schedule your private showing today!

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$45 USD /SF

# OF UNITS

32

PRICE/UNIT

$12,469

CAP RATE

Request Cap Rate

% LEASED

91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kabel Estates

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,220 SF

ZONING

S-RM1

APN/PARCEL ID

5-13-8-195-26,5-13-8-195-27,5-13-8-195-28

ASK ABOUT THIS PROPERTY

Melissa McClendonLatter & BlumMore Info
504-417-5131

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Melissa McClendonLatter & BlumMore Info
504-417-5131

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