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Description

228 unit apartment complex priced at less than $2200 a unit! This waterfront complex was severely damaged by the winds of Katrina but did not flood & is located in a B flood zone on 7.8 acres. Located very close to large manufacturing job bases such as Folgers and Michoud, and close to thriving shopping area and residential communities. Property fronts on Bayou Michoud with water views from most units. Zoned RM-2E full rebuilding is permissible. See City Planning Commission for further details on zoning Property is in very poor condition, most buildings are reusable,but some buildings may need to be demolished. Great opportunity at an extremely affordable price. Building price details: $499,000.

Property Details

• Type: Multifamily
• Status: Available
• Year Built: 1965
• Buildings: 1

Map Locations