7710-60 N Coronet Ct, New Orleans
$1,165,000
5.00% INTEREST RATE SELLER FINANCING available. Reach out for additional terms. $16,800 per month in potential gross income - all 3 bed 2.5 bath units renting for max $1,400/mo each. Ten out of twelve units occupied.
Fully renovated 12-unit apartment complex at 7710-60 North Coronet Court in New Orleans, LA, offers a lucrative opportunity with a potential monthly rent of $16,800, ensuring a robust and immediate cashflow. The current monthly income of $13,307 supasses the 1% rule.
The property contains three (3) fully renovated, 2-story buildings that each contain four (4) units. Each unit is approximately 1,263 sf and contains 3 bedrooms and 2.5 bathrooms.
There are few properties in the New Orleans East market that offer fully renovated 3 bedroom 2.5 bathroom apartments, making this a highly sought after destination for tenants. Overall, thisis a solid investment opportunity with high inplace cash flow and a great addition to a multifamily portfolio.
Off Street, Parking Lot, Three or more Spaces
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