Apartment Buildings /LA /Jefferson County /New Orleans /5855 Citrus Blvd
Apartment Buildings /LA /Jefferson County /New Orleans /5855 Citrus Blvd

5855 Citrus Blvd - Apartments FOR SALE


New Orleans, LA 70123- River Ridge/Jefferson | 
$4,825,000 USD
504-581-1111
5855 Citrus Blvd, New Orleans, LA for Sale
$4,825,000 USD
Apartments - FOR SALE
1/23
null | 7.11% Cap Rate
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5855 Citrus Blvd
New Orleans, LA 70123
River Ridge/Jefferson

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HIGHLIGHTS

  • Located in Elmwood Business Park near Elmwood Shopping Center
  • New Roofing and Hardie building exterior
  • Single building easy to manage & operate

OVERVIEW

64-unit apartment investment opportunity.

FOR SALE DETAILS

PRICE

$4,825,000 USD

PRICE/SF

$128 USD /SF

# OF UNITS

64

PRICE/UNIT

$75,391

CAP RATE

7.11%

% LEASED

82%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Almond Tree Apts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1985

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

GO-1, General Offices

APN/PARCEL ID

0700005694

ASK ABOUT THIS PROPERTY

Randy ArgoteDon Randon Real Estate, Inc.More Info
504-581-1111

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Randy ArgoteDon Randon Real Estate, Inc.More Info
504-581-1111

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

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