Property Description

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.

Property Features