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Dauphine Apartments 3135 Dauphine St 27 Unit Apartment Building $2,950,000 ($109,259/Unit) 8.13% Cap Rate New Orleans, LA 70117
Executive Summary
Assumable non-recourse loan.
$1,678,625 loan balance
5.15% rate
$122,201 ADS
Maturity date: March 1st, 2029
See proforma attached
Condominium Regime has been created and units can be converted to condos at purchaser's option.
26 on-site parking spaces
$1,678,625 loan balance
5.15% rate
$122,201 ADS
Maturity date: March 1st, 2029
See proforma attached
Condominium Regime has been created and units can be converted to condos at purchaser's option.
26 on-site parking spaces
Property Facts
| Price | $2,950,000 | Building Class | C |
| Price Per Unit | $109,259 | Lot Size | 0.61 AC |
| Sale Type | Investment | Building Size | 15,054 SF |
| Cap Rate | 8.13% | Average Occupancy | 96% |
| No. Units | 27 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1970/2013 |
| Property Subtype | Apartment | Parking Ratio | 1.73/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | HMR-1 | ||
| Price | $2,950,000 |
| Price Per Unit | $109,259 |
| Sale Type | Investment |
| Cap Rate | 8.13% |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 15,054 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2013 |
| Parking Ratio | 1.73/1,000 SF |
| Zoning | HMR-1 |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Microwave
- Heating
- Kitchen
- Refrigerator
- Freezer
Site Amenities
- Courtyard
- Laundry Facilities
- Gated
- Grill
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 27 | - | 452 - 503 |
1 1
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (88)
Property Taxes
| Parcel Number | 3-9W-1-136-06 | Improvements Assessment | $60,960 |
| Land Assessment | $79,660 | Total Assessment | $140,620 |
Property Taxes
Parcel Number
3-9W-1-136-06
Land Assessment
$79,660
Improvements Assessment
$60,960
Total Assessment
$140,620
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Dauphine Apartments | 3135 Dauphine St
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