This property is Off-Market

6000 Chef Menteur
New Orleans, LA 70126 ·

100 Units · Multifamily For Sale

N/A

Print

Chateau Lane Apartments

Price N/A Property Use Type Investment
No. Units 100 Cap Rate 9.47%
Building Size 75,000 SF Occupancy 57%
Property Type Multifamily Lot Size 2.50 AC
Property Sub-type Garden/Low-Rise
Listing ID: 16793353 Date Created: 08/10/2010 Last Updated: 05/22/2013

Description

Assumable Loan available.

This property is 100-unit gated apartment community. The property consists of three (3) two-story buildings, wood-framed on a concrete slab. There are 50 one-bedroom apartments, 35 two-bedrooms apartments, and 15 three-bedroom apartments. All units are furnished with refrigerator, stove, and central air and heat. Total square footage is 75,000.

Major renovations made in 2008 including air conditioning condensers, stoves and refrigerators, floors and cabinetry. Also performed in 2008 were extensive updates to sewerage and drainage systems.

Ten minute drive to downtown New Orleans and the French Quarter and 30 minutes to Northshore communities. Easy access to Interstate-10. Centrally located in vicinity of all major services and on bus line.

Research

6000 Chef Menteur, New Orleans, LA 70126 (Orleans County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

New Orleans Market Trends - Asking price index trends, sale price trends, asking rent trends

Similar Listings

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)