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10.24% CAP |STR Investment Portfolio 3 Multifamily Properties Offered at $2,791,840 CAD in Multiple Locations

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EXECUTIVE SUMMARY

This short-term rental portfolio in New Orleans consists of Six (6) active Commercial Short Term Rental Licenses which offers investors three high-demand duplex properties totaling six rental units which is made up of 18 bedrooms and 12 bathrooms, strategically located in the vibrant Mid-City and Treme neighborhoods. 624-626 S. Lopez Street is a Mid-City Duplex that features two (2) 3-bedroom, 2-bath units with master suites, luxurious bathrooms, open-concept kitchens, and a courtyard, steps from Whole Foods and the French Quarter. 734-736 S. Lopez Street is a Mid-City CSTR duplex, that is composed of (2) two 3-bedrooms, 2-bath units with a welcoming porch, modern kitchen and prime proximity to parade routes and the downtown area, which is ideal for Mardi Gras and year-round guests. 2009-2011 N. Claiborne Ave is a Duplex located in Treme which is comprised of (2) two units that the layout is made up with 3-bedroom, 2-bath in each unit, boasting modern amenities like WiFi, in-unit laundry, and parking, just 16 miles from the airport and near the French Quarter. Fully equipped and positioned for strong occupancy, this turnkey portfolio promises consistent cash flow in one of America’s top hospitality markets.

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL (CAD)
Gross Rental Income -
Other Income -
Vacancy Loss -
Effective Gross Income -
Net Operating Income $286,154

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual -
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual -
Net Operating Income (CAD)
Annual $286,154

PROPERTY FACTS

Price $2,791,840 CAD
Price / SF $740.54 CAD / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 10.24%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 3,770 SF
Total Land Area 0.15 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Multifamily 2,380 SF 2005 -
2009 N Claiborne Ave, New Orleans, LA 70116 Multifamily 2,106 SF 1991 -
624 S Lopez St, New Orleans, LA 70119 Multifamily 1,664 SF 1990 -
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  • Listing ID: 35671161

  • Date on Market: 2025-04-29

  • Last Updated:

  • Address: 10.24% CAP |STR Investment Portfolio, New Orleans, LA

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