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98-120 Trace Loop
Mandeville, LA 70448
Teal Court Apartments · Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Building Size | 15,216 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1985 |
| Building Class | C | Parking Ratio | 0.99/1,000 SF |
| Lot Size | 1.00 AC | ||
| Zoning | Res | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 15,216 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 0.99/1,000 SF |
| Zoning | Res |
AMENITIES
UNIT AMENITIES
- Patio
- Porch
ABOUT 98-120 TRACE LOOP , MANDEVILLE, LA 70448
The property is fully occupied, with rents ranging from $800 to $1,000 per unit. Most units have been updated and some rents have been in place for an extended period, with real potential for increases. Excellent apartment property in Greenleaves, with coveted multi-family zoning. Flood insurance only $675 per building. Teal Court is an insulated and secure location in a fully developed area of Mandeville. Extra large two-bedroom / two bath units with flexible long-term development options. Operating expense and insurance policy detail can be provided upon request. Three property owners are licensed real estate brokers.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 12 | $900.00 | 1,268 |
