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4754 Pontchartrain Dr
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4754 Pontchartrain Dr
18 Unit Apartment Building $1,995,000 ($110,833/Unit) 7.42% Cap Rate Slidell, LA 70458
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EXECUTIVE SUMMARY
FOR SALE: 18 unit multi-family apartment complex in Slidell, LA. Recently renovated. New roof. 2 story building(s). 16 of the 18 units are leased. 10 units are waterfront and 8 units face the courtyard. All units are 800sf, 2br/1.5ba, w/d connections. Each unit has 1 dedicated parking space. There are 16 garage/storage units. Common areas include waterfront views with a dock, gazebos, and greenspace.
PROPERTY FACTS
Price | $1,995,000 | Apartment Style | Garden |
Price Per Unit | $110,833 | Building Class | B |
Sale Type | Investment | Lot Size | 1.36 AC |
Cap Rate | 7.42% | Building Size | 14,440 SF |
No. Units | 18 | No. Stories | 2 |
Property Type | Multifamily | Year Built/Renovated | 1985/2005 |
Property Subtype | Apartment |
Price | $1,995,000 |
Price Per Unit | $110,833 |
Sale Type | Investment |
Cap Rate | 7.42% |
No. Units | 18 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | B |
Lot Size | 1.36 AC |
Building Size | 14,440 SF |
No. Stories | 2 |
Year Built/Renovated | 1985/2005 |
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer Hookup
SITE AMENITIES
- Waterfront
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+1.5 | 18 | $1,150 | 800 |
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ZONING
Zoning Code | Commercial (General Commercial District) |
Commercial (General Commercial District) |
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4754 Pontchartrain Dr
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