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9 Unit Multifamily For Sale 2222 Florida Ave 9 Unit Apartment Building $1,200,000 ($133,333/Unit) Kenner, LA 70062
Executive Summary
Fantastic Investment Opportunity in Kenner! This 9-unit multifamily property offers strong rental income potential and is conveniently located near major thoroughfares, shopping, dining, and the New Orleans International Airport. Each unit is a 2 bedroom, 1 bathroom layout and is designed for functionality and tenant appeal, featuring individual entrances and a practical layout. On-site parking provides added convenience for residents, while the location ensures high rental demand. 7 of the 9 units are occupied and collecting a total rent of $7,750. Separate gas, water & electric meters. Whether you’re expanding your portfolio or seeking a steady cash-flowing asset, this property delivers a rare chance to own in a thriving rental market.
Property Facts
| Price | $1,200,000 | Building Class | C |
| Price Per Unit | $133,333 | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 15,875 SF |
| No. Units | 9 | Average Occupancy | 77% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Low-Rise | Parking Ratio | 0.57/1,000 SF |
| Price | $1,200,000 |
| Price Per Unit | $133,333 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 15,875 SF |
| Average Occupancy | 77% |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 0.57/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 9 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0920022450 | Improvements Assessment | $77,650 |
| Land Assessment | $5,160 | Total Assessment | $82,810 |
Property Taxes
Parcel Number
0920022450
Land Assessment
$5,160
Improvements Assessment
$77,650
Total Assessment
$82,810
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9 Unit Multifamily For Sale | 2222 Florida Ave
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