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1011 Lake Avenue, Metairie, LA 70005

$66,308+/Unit

Commercial property for sale

Added: 02/06/2012
Last Update: 07/18/2012
1011 Lake Avenue Metairie, LA 70005 US
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Contact info

  • 504-887-3929 x569 [Office] 

Description

26 unit apt. complex generates $18,120/mo. when fully occupied. The 8 one bedroom units on the 1st floor rent for $725 each; the 8 on the 2nd floor go for $705; the 8 on the 3rd floor cost $685, & there are 2 efficiencies that each rent for $600.Code opens the gated parking lot for privacy. All new concrete flat work since Katrina. Hardy board and stucco exterior. Building price details: $1,724,000.

Property Details

  • Type: Multifamily
  • Use Types:Low-Rise/Garden
  • Status: Available
  • MSA: New Orleans-Metairie-Kenner
  • Zoning: R-3
  • Buildings: 1

Terms

  • Cash to Seller 

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