Over $250,000 in renovation work completed in past year including all new underground plumbing, interior renovations to ~3/4 of units including flooring, Sheetrock, paint, appliances, complete bathroom renovations, etc. Metal roof in great shape with all new screws and foam. New shed for maintenance storage. Security cameras. 14/16 units occupied leaving room to grow rent roll and increase value. Gross monthly rents currently over $16k/month, will be over $18k/month at 100% occupancy. All financials in attachments. Agent/Owner
Features
Property Type: Multi Family Home
Sub Type: Apartment
Listing Status: Active
County/Area: Jefferson Parish
Zip Code: 70123
Year Built: 1980
Sq.Ft.: 6,429 sq ft
Stories: 2 Story
Bedrooms: 26
Full Baths: 16
Baths: 16
Additional Sub Type: Apartment
Building Area Source: Measured
Construction Materials: Block
Cooling: Window Unit(S)
Cooling YN: Yes
Exterior Features: Fence
Foundation Details: Slab
Heating: Window Unit
Heating YN: Yes
Living Area Source: Measured
Lot Dimensions: 60x115
Lot Features: City Lot, Rectangular Lot
Main Type: Residential Income
Number Of Units Total: 16
Owner Pays: Electricity, Gas, Water
Parking Features: Off Street
Postal City: River Ridge
Property Condition: Very Good Condition
Roof: Metal
Security Features: Closed Circuit Camera(S)
Sewer: Public Sewer
Total Stories: 2
Water Source: Public
Window Features: Screens
Listing Courtesy of Bridgewater Realty Advisors, LLC
Source: Gulf South Real Estate Information Network, Inc.
Rob Norton
Rob Norton
Realtor
Riverside Realty
9531 Jefferson Highway
River Ridge, LA 70123
504.453.5165 (mobile)
504.737.8454 (office)
rob@rnortonrealtor.com