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$ 880,000
Est. payment /mo
Active
8517-35 FORSHEY ST New Orleans, LA 70118
8 Beds
4 Baths
6,048 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,048 sqft
Price per Sqft $145
MLS Listing ID 2499497
Style Other
Bedrooms 8
Full Baths 4
Construction Status Excellent
HOA Y/N No
Year Built 1920
Property Sub-Type Apartment
Property Description
Bridgewater Realty Advisors presents a 8-unit portfolio located near S. Carrollton Avenue and Earhart Blvd intersection in New Orleans, LA. The 100% occupied community offers Eight (8) well maintained & renovated units amongst 4 buildings on the same block. This is also party of a larger portfolio on same block with 18 units total remaining. Reach out for list of remaining buildings.
The property is in an X flood zone, new central HVAC units added in 2018-2019 to all units, and several updates have been made to the property. The property boast a high occupancy rate and many tenants have been there for several years, decreasing turnover costs.
This presents an excellent investment opportunity for local, regional and national investors alike who are looking to expand their New Orleans footprint. Properties can be purchased as a portfolio or can be purchased individually as well. The pictures included are indicative of the condition of the interior for the entire portfolio and may not be the interior of the properties in this listing, however, all properties were renovated in 2018-2019.
The property is in an X flood zone, new central HVAC units added in 2018-2019 to all units, and several updates have been made to the property. The property boast a high occupancy rate and many tenants have been there for several years, decreasing turnover costs.
This presents an excellent investment opportunity for local, regional and national investors alike who are looking to expand their New Orleans footprint. Properties can be purchased as a portfolio or can be purchased individually as well. The pictures included are indicative of the condition of the interior for the entire portfolio and may not be the interior of the properties in this listing, however, all properties were renovated in 2018-2019.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Three or more Spaces
Water Access Desc Public
Roof Type Shingle
Building
Lot Description 1 to 5 Acres, City Lot, Rectangular Lot
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories One
Construction Status Excellent
Others
Tax ID per assessor
Special Listing Condition None
Listed by Bridgewater Realty Advisors, LLC