4237 FONTAINEBLEAU DRIVE
New Orleans, LA 70125
5952 sqft | #2507547
Description
$7,594 per month actual gross income. PRICE REDUCTION! Bridgewater Realty Advisors presents a fully renovated, turn-key 6 unit apartment complex located near Napoleon Avenue and S. Broad Street intersection in New Orleans, LA. The 100% occupied community offers six (6) renovated units amongst 3 stories.
All of the units have been renovated to some degree, allowing for a new owner to capture the maximum rents the area will allow for these unit layouts. The property boast a 100% occupancy rate and the Broadmoor area is highly sought after by prospective tenants.
This presents an excellent investment opportunity for local, regional and national investors alike who are looking to expand their New Orleans footprint by purchasing a fully turn key asset in a great neighborhood of New Orleans that will see demand and appreciation for years to come.
Property Details
- Lot DescriptionCityLot, RectangularLot
- Property SubtypeCommercialSale
- Sewer InformationPublicSewer
- Property TypePurchase
- Original List Price$825,000
- Structure TypeMixedUse
- CountyOrleans
- MLS #2507547
- MLS #2507547
- Utility SourcePublic
- Cost825000
- Square Feet5952
- Year Built1940
Location
Legal
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Last Updated: . Source: GSREIN
Listing Courtesy
Listing Agent: Mason McCullough (#MCCUMASO)
Listing Office: Bridgewater Realty Advisors, LLC (#BRALLC01)
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