Source:
Gulf South Real Estate Information Network (GSREIN)
MLS#2488068
About the Property
Back on the market! Great opportunity to purchase a unique multi-family asset with high occupancy in the Bywater Neighborhood in New Orleans. The improvements consist of 3 well maintained buildings with a total of 6 apartments. The buildings were gutted and remodeled in 2019, and have stabilized, in-place cash flow. The locations and their proximity to the French Quarter, Marigny, and CBD, and the
Back on the market! Great opportunity to purchase a unique multi-family asset with high occupancy in the Bywater Neighborhood in New Orleans. The improvements consist of 3 well maintained buildings with a total of 6 apartments. The buildings were gutted and remodeled in 2019, and have stabilized, in-place cash flow. The locations and their proximity to the French Quarter, Marigny, and CBD, and the direct proximity to multiple retailers, schools and places of work provide stability and rent appreciation. Zoning is HMR3. To be sold as a package along with 725-27 Desire St. which is also listed for sale (MLS No. 2488070).
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