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Contact info

• 504-885-9544 [Office] 

Description

32 EFFICENCY APARTMENTS THAT ARE EACH ABOUT 425 SQ FEET. GROSS MONTHLY INCOME IS $16,000.00 PER MONTH, OR 192,000.00 PER ANNUM. OWNER PAYS WATER, TENANTS PAY THEIR OWN ELECTRICITY. PARKINNG FOR 28 OR MORE CARS. WALK TO LEVEE. OWNER HAS ON SITE MAINTENANCE PERSONNEL. OCCUPANCY CLOSE TO 100%. DETAILED FINANCIALS AVAILABLE FROM LISTING AGENT. Building price details: $1,200,000.

Property Details

• Building Name:STUDIO ARMS
• Type: Multifamily
• Status: Available
• MSA: New Orleans-Metairie-Kenner
• Zoning: C/R
• Buildings: 1

Terms

• Cash to Seller 

Map Locations