10 Unit apartment complex in Gretna, LA

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30327281
Property Subtypes: Low-Rise/Garden
Status: Pending
Number of Units: 10 Units
Building Size (RSF): 10,000 SF
Sale Price: $725,000
Unit Price: $72,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2019

Overview / Comments

Well maintained 10 unit building built to plan as a 10 plex. All units are two stories with living area down and bedrooms up. Please see floor plan attached.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Taxing Authority: Jefferson Parish
Tax ID/APN: JP-3140328
Percent Occupied: 100%
Property Located Between: Hawkins, Whitney,
Highway Access: Easy access to highway 90 (West Bank Expressway), retail shopping districts and restaurants, etc. Hop and a jump to on and off ramps to the CCC and CBD and points west.
Airports: Louis Armstrong (MSY)
Area Description: Located just off of Whitney Avenue. Not far from Oakwood Shopping Center, other retail, restaurants, etc.
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Construction/Siding: Vinyl Siding
Exterior Description: Two story conventional stick built construction. Each unit is two floors.
Parking Description: Ample surface parking for all units.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Package Unit
Internet Access: Cable, Satellite
Interior Description: 2 BR and bath up and LR/DR combination, kitchen down.
Zoning Description: See Jefferson Parish Zoning as well as requirements from the City of Gretna.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,846 144,680 366,675
Median Age: 34.77 36.08 35.97
Households: 8,425 58,995 146,694


Photograph of Listing Agent

Mark B Herman

Mark Herman R.E. LLC. New Orleans, LA 70119
Not a member of MCAR
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