Westbank Residential 102 Unit Apartment Building $8,490,000 ($83,235/Unit) Gretna, LA 70053

Introducing the Westbank Residential Portfolio, a prime investment opportunity to acquire a mix of residential income producing properties consisting primarily of single family residences, duplexes, and three multi-plexes located in Gretna, Harvey and Belle Chasse, LA. This expansive portfolio of approximately 102 individual rental units (plus 1 maintenance bldg.) have been meticulously maintained and managed offering an exceptional investment potential for multifamily investors. With very little capex required and an enviable 80% Plus occupancy rate, this property presents a compelling prospect for those seeking to expand their real estate portfolio in the stable New Orleans MSA. Trailing three (3) years rent revenue have been equal to approximately $1.314M. While ownership’s preference is to sell the portfolio in its entirety, the offering is now available on a partial basis, allowing investors the opportunity to acquire either of two separate bundles: a Jefferson Parish portfolio or a Plaquemines Parish portfolio. Available Detailed Financial Information Disclosures can be made available to qualified parties who execute a Confidentiality Non-Disclosure Agreement. Don't miss the chance to capitalize on this sleeper investment opportunity.