Dauphine Apartments | 3135 Dauphine St
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Dauphine Apartments 3135 Dauphine St
27 Unit Apartment Building $3,300,000 ($122,222/Unit) 6.52% Cap Rate New Orleans, LA 70117
Executive Summary
Assumable non-recourse loan.
$1,707,726 loan balance
5.15% rate
$121,678 ADS
5 years remaining
See proforma attached
Condominium Regime has been created and units can be converted to condos at purchaser's option.
26 on-site parking spaces
$1,707,726 loan balance
5.15% rate
$121,678 ADS
5 years remaining
See proforma attached
Condominium Regime has been created and units can be converted to condos at purchaser's option.
26 on-site parking spaces
Property Facts
| Price | $3,300,000 | Building Class | B |
| Price Per Unit | $122,222 | Lot Size | 0.61 AC |
| Sale Type | Investment | Building Size | 15,054 SF |
| Cap Rate | 6.52% | Average Occupancy | 96% |
| No. Units | 27 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1970/2013 |
| Property Subtype | Apartment | Parking Ratio | 1.73/1,000 SF |
| Apartment Style | Garden |
| Price | $3,300,000 |
| Price Per Unit | $122,222 |
| Sale Type | Investment |
| Cap Rate | 6.52% |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.61 AC |
| Building Size | 15,054 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2013 |
| Parking Ratio | 1.73/1,000 SF |
Unit Amenities
- Air Conditioning
- Disposal
- Microwave
- Heating
- Kitchen
- Refrigerator
- Freezer
Site Amenities
- Courtyard
- Laundry Facilities
- Gated
- Grill
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | 452 |
| 1+1 | 4 | - | 503 |
| 1+1 | 2 | - | 499 |
| 1+1 | 1 | - | 491 |
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Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 3-9W-1-136-06 | Improvements Assessment | $60,960 |
| Land Assessment | $79,660 | Total Assessment | $140,620 |
PROPERTY TAXES
Parcel Number
3-9W-1-136-06
Land Assessment
$79,660
Improvements Assessment
$60,960
Total Assessment
$140,620
zoning
| Zoning Code | HMR-1 |
| HMR-1 |
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Brandi Macalusoremax Alliance Mandeville
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Dauphine Apartments | 3135 Dauphine St
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