172 bedroom house for sale

Overview

Talbot Realty Group is pleased to present this 56-unit multi-family portfolio located in the New Orleans area. The portfolio includes fourteen 4-plexes and four vacant lots located in the city limits of Terrytown, LA. PandL information can be provided by request. The portfolio is managed by the owner's professional property management company, which has maintained the units in quality condition. The portfolio is currently 100% leased. The units range in size from 1, 032 1, 717 square feet with an average size of 1, 300 square feet. The seller has been successful in raising the rents to market rates in 2023. The property manager may stay involved for a fee. Highlights: - 14 4-Plexes and 2 Vacant Lots - Current Gross: $64, 000/m, $768, 000/year - Current NOI: $42, 878/m, $514, 536/year - PROForma Gross: $69, 000/m, $828, 000/year - PROForma NOI: $47, 900/m, $574, 800/year - Roofs are New (2-years old) - 98-100% Occupied For more details and to contact: https://realtyww.info/homes_gretna-d527267/for-sale_i68167846

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