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Listing Details
- $1,000,000.00
- MLS# 2550516
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: Bridgewater Realty Advisors, LLC
Agency Phone: (504) 901-0463
Shown By
Agency Title: The Agency of M Grass Group
Agency Phone: 504-644-4127
Home Value Estimate
Description
This well-maintained 12-unit apartment community, located at 4415?4435 Wilson Avenue in New Orleans, presents a compelling investment opportunity with strong in-place cash flow and operational stability. The property consists of twelve units totaling twenty-eight bedrooms and sixteen bathrooms, featuring a desirable mix of four (4) 3-bedroom/2-bath units and eight (8) 2-bedroom/1-bath units. The asset generates approximately $12,141 in monthly rental income (once the last unit is leased), with additional revenue from on-site laundry. It is currently supported by a solid 92% occupancy rate. Originally renovated in 2019, the property features...read more
Features
- Cooling: Central Air
- Heating: Central
- Stories: 2.0
- Water: Public
- Year Built: 2017
Gallery
Listed By
Agency Name: Bridgewater Realty Advisors, LLC
Agency Phone: (504) 901-0463
Shown By
Agency Title: The Agency of M Grass Group
Agency Phone: 504-644-4127
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