1205 MEHLE ST Arabi, LA 70032
120 Beds
75 Baths
57,600 SqFt
UPDATED:
02/25/2025 04:10 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 57,600 sqft
Price per Sqft $81
MLS Listing ID 2488793
Style Other
Bedrooms 120
Full Baths 60
Half Baths 30
Construction Status Average Condition
HOA Y/N No
Year Built 1974
Property Sub-Type Apartment
Property Description
Recent market rent comparables indicate that with minor cosmetic updates, the units can command $1,100 per month, unlocking additional revenue potential. This property has been expertly managed and maintained, with a historically high occupancy rate, making it an excellent choice for investors seeking both reliable cash flow and value-add potential for even greater returns.
Arabi, LA, is a charming and rapidly developing community located just minutes from New Orleans, offering a unique blend of suburban tranquility and urban accessibility. With its proximity to major highways and the historic French Quarter, Arabi offers the perfect balance of suburban living with easy access to the bustling city, making it a highly desirable location for both tenants and investors alike.
Location
State LA
County St. Bernard
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street, Parking Lot, Three or more Spaces
Water Access Desc Public
Roof Type Shingle
Building
Lot Description 1 to 5 Acres, City Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Two
Construction Status Average Condition
Others
Tax ID per assessor
Special Listing Condition None
