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1917 Leonidas St
New Orleans, LA 70118
Multifamily Property For Sale
·
6 Units
EXECUTIVE SUMMARY
1917 Leonidas Street is an investment opportunity that is zeroed in on the New Orleans metro areas most critical need, and what is in the most demand in the Multi-Family space – Workforce Housing. Its 100% occupancy speaks to this constant demand. Located near the parish line in the Leonidas neighborhood, it sits just a few blocks from the intersection of Claiborne and Carrolton Avenues and is conveniently located near multiple streams of public transit, as well as the Uptown and University neighborhoods, River Road, and Jefferson Parish.
The improvements consist of 6, 1 Bedroom/1Bath units. The units are separately metered for utilities and are well maintained. Significant barriers to entry in the immediate neighborhood provide for strong future demand and stable occupancy.
The improvements consist of 6, 1 Bedroom/1Bath units. The units are separately metered for utilities and are well maintained. Significant barriers to entry in the immediate neighborhood provide for strong future demand and stable occupancy.
PROPERTY FACTS
| Price Per Unit | $151,225 CAD | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 2,850 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Apartment Style | Low-Rise | Parking Ratio | 2.81/1,000 SF |
| Building Class | C | ||
| Zoning | HU-RD2 | ||
| Price Per Unit | $151,225 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 2,850 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 2.81/1,000 SF |
| Zoning | HU-RD2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 750 |
PROPERTY TAXES
| Parcel Number | 7-16-3-025-12 | Improvements Assessment | $57,885 CAD |
| Land Assessment | $9,095 CAD | Total Assessment | $66,980 CAD |
PROPERTY TAXES
Parcel Number
7-16-3-025-12
Land Assessment
$9,095 CAD
Improvements Assessment
$57,885 CAD
Total Assessment
$66,980 CAD
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