Price reduction to $699,000! $7,594 per month actual gross income. 6 unit apartment complex located near Napoleon Avenue and S. Broad Street intersection in New Orleans, LA. 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 high 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.
Listed By
Agency Name: Bridgewater Realty Advisors, LLC
Agency Phone: (504) 901-0463
Shown By
Agency Title: Wendy Benedetto, LLC
Agency Phone: (504) 382-7492
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4237 Fontainebleau Drive, New Orleans, LA 70125.
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4237 Fontainebleau Drive, New Orleans, LA 70125.
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4237 Fontainebleau Drive | MLS# 2543490
This multi-family property located at 4237 Fontainebleau Drive, New Orleans, LA 70125 is currently listed for sale with an asking price of $699,000. Search New Orleans real estate on www.wendybenedetto.com today.