3310-36 JOLIET ST new

New Orleans,LA 70118

$ 1100000

20 Beds

10 Baths

7440 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 7,440 sqft

Price per Sqft $147

MLS Listing ID 2499509

Style Other

Bedrooms 20

Full Baths 10

Year Built 1920

Property Sub-Type Apartment

Property Description

Bridgewater Realty Advisors presents a 10-unit portfolio located near S. Carrollton Avenue and Earhart Blvd intersection in New Orleans, LA. The 100% occupied community offers Ten (10) well maintained & renovated units amongst 5 buildings on the same block. This is part of a larger portfolio with 18 units remaining that can be purchased as well, or can be purchased individually.
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 of the interiors are indicative of the condition of the interiors for the entire portfolio and may not be the interior of the units in this portion. However, all of the properties were renovated in 2018-2019 and share similar interior finishes.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Off Street

Roof Type Shingle

Building

Lot Description 1 to 5 Acres,City Lot,Rectangular Lot

Foundation Raised

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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