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4754 Pontchartrain Dr

18 Unit Apartment Building $1,995,000 ($110,833/Unit) 7.42% Cap Rate Slidell, LA 70458

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
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

zoning

Zoning Code Commercial (General Commercial District)
Commercial (General Commercial District)
  • Listing ID: 33481548

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 4754 Pontchartrain Dr, Slidell, LA 70458

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