6000 Chef Menteur
New Orleans, LA 70126 ·
100 Units · Multifamily For Sale
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|
|Listing ID: 16793353||Date Created: 08/10/2010||Last Updated: 05/22/2013|
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.
8019 Trapier Ave.
New Orleans, LA 70127
For Sale · $3,500,000
62,700 SF Building
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