3223 Third St | New Orleans, LA 70125
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- LoopNet Team
3223 Third St
New Orleans, LA 70125
International Apts · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- New Roof: Only 2 years old, ensuring peace of mind and low maintenance costs.
- Parking: 24 assigned parking spots for tenants' convenience.
- Income: Total monthly rent collection is $21,000, providing a solid return on investment.
- Separate Utilities: Each unit has its own water and electric meter.
- Financing: Seller offers attractive Bond for Deed financing with just 14% down and $14,000 monthly payments.
PROPERTY FACTS
| No. Units | 24 | Building Size | 21,206 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.41/1,000 SF |
| Lot Size | 0.30 AC | ||
| Zoning | HU-RD2 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 21,206 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | HU-RD2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
SITE AMENITIES
- Controlled Access
- Fenced Lot
- Property Manager on Site
- Security System
- Trash Pickup - Curbside
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $900.00 | 450 |
| 1+1 | 3 | $942.50 | 537 |
| 2+1 | 20 | $1,050 | 557 - 675 |
PROPERTY TAXES
| Parcel Number | 4-12-4-018-02 | Improvements Assessment | $86,390 |
| Land Assessment | $14,840 | Total Assessment | $101,230 |
PROPERTY TAXES
Parcel Number
4-12-4-018-02
Land Assessment
$14,840
Improvements Assessment
$86,390
Total Assessment
$101,230
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