$1,100,000

20 Beds
10 Baths
7,440 Sqft
0 Acres
No Garage

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.

Essential Information
MLS® #2499509
Price$1,100,000
Bedrooms20
Bathrooms10.00
Full Baths10
Square Footage7,440
Year Built1920
TypeResidential Income
Sub-TypeApartment, Other
StatusActive
Community Information
Address3310-36 Joliet Street
CityNew Orleans
CountyOrleans
StateLouisiana
Zip Code70118
Amenities
ParkingOff Street
Interior
HeatingCentral
CoolingCentral Air
Exterior
ExteriorFrame, Wood Siding
RoofShingle
ConstructionFrame, Wood Siding
FoundationRaised
Lot Description

1 to 5 Acres, City Lot, Rectangular Lot

Additional Information
Days on Market11
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