4237 FONTAINEBLEAU DR Active

New Orleans,LA 70125

$ 825000

0 Bed

0 Bath

5952 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,952 sqft

Price per Sqft $138

MLS Listing ID 2507547

Year Built 1940

Property Description

$7,594 per month actual gross income. PRICE REDUCTION! Bridgewater Realty Advisors presents a fully renovated, turn-key 6 unit apartment complex located near Napoleon Avenue and S. Broad Street intersection in New Orleans, LA. The 100% occupied community offers six (6) renovated units amongst 3 stories.

All of the units have been renovated to some degree, allowing for a new owner to capture the maximum rents the area will allow for these unit layouts. The property boast a 100% occupancy rate and the Broadmoor area is highly sought after by prospective tenants.

This presents an excellent investment opportunity for local, regional and national investors alike who are looking to expand their New Orleans footprint by purchasing a fully turn key asset in a great neighborhood of New Orleans that will see demand and appreciation for years to come.

Location

State LA

County Orleans

Zoning HU-RD2

Exterior

Parking Features None

Building

Lot Description City Lot,Rectangular Lot

Dwelling Type Mixed Use

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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