Multi-Family, Corporate, S.F.Investment
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Multi-Family, Corporate, S.F.Investment
7 Properties Offered at $3,500,000 in Multiple Locations
Investment Highlights
- Portfolio's income could rise to approximately $512,000 annually.
- Each property has been meticulously renovated, offering a turnkey investment opportunity.
- All future bookings will transfer with the sale.
- Currently generating a minimum annual income of $259,000.
- Portfolio includes 2 doubles, 1 single-family home, 1 four-plex, and 3 fully furnished single-family corporate rental properties.
- Nestled in a city renowned for its jazz music, vibrant festivals, creole cuisine, and rich culture.
Executive Summary
This profitable rental portfolio in New Orleans includes 2 doubles, 1 single-family home, 1 four-plex, and 3 fully furnished single-family corporate rental properties, collectively generating a minimum annual income of $259,000. Nestled in a city renowned for its jazz music, vibrant festivals, creole cuisine, and rich culture, these properties offer immense potential. With rental increases and optimization of the corporate rentals, the portfolio's income could rise to approximately $512,000 annually. All future bookings will transfer with the sale, ensuring immediate income for the new owner. Each property has been meticulously renovated, offering a turnkey investment opportunity. Offered at $3.5 million, this portfolio represents a rare opportunity in a thriving market. Prospective buyers must sign a confidentiality agreement and provide proof of funds or bank approval. Although measurements are deemed reliable, they are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence.
Property Facts
| Price | $3,500,000 | Number of Properties | 7 |
| Price / SF | $217.66 / SF | Individually For Sale | 0 |
| Sale Conditions | Bulk/Portfolio Sale | Total Building Size | 16,080 SF |
| Sale Type | Investment | Total Land Area | 1.02 AC |
| Status | Active |
| Price | $3,500,000 |
| Price / SF | $217.66 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 16,080 SF |
| Total Land Area | 1.02 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3738 Somerset Dr, New Orleans, LA 70131 | Specialty | 2,247 SF | 1962 | - |
| 503 Wright Ave, Terrytown, LA 70056 | Specialty | 1,990 SF | 1975 | - |
| 1831 N Miro St, New Orleans, LA 70119 | Specialty | 1,882 SF | 1927 | - |
| 6226 Lafaye St, New Orleans, LA 70122 | Specialty | 1,137 SF | 2000 | - |
| 1831 S Dupre St, New Orleans, LA 70125 | Multifamily | 2,812 SF | 1950 | - |
| 3 Shepard Ct, New Orleans, LA 70114 | Multifamily | 2,580 SF | 1940 | - |
| 8002 Trapier Ave, New Orleans, LA 70127 | Multifamily | 3,432 SF | 1970 | - |
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Multi-Family, Corporate, S.F.Investment
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