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
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