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2853 Dryades St
New Orleans, LA 70115
Multifamily Property For Sale
·
8 Units


Investment Highlights
- Investment Opportunity!
Executive Summary
2853 Dryades 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 in Central City, its has close proximity to major North/South and East West thoroughfares and is conveniently located near multiple streams of public transit, as well as Uptown New Orleans and the CBD. There is a significant amount of new single family housing being constructed in the immediate area, as well as commercial activity.
The improvements consist of 8, 1 Bedroom/1Bath units. The units are separately metered for electrical and are well maintained. Significant barriers to entry in the immediate neighborhood provide for strong future demand and stable occupancy.
The improvements consist of 8, 1 Bedroom/1Bath units. The units are separately metered for electrical 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 | $139,765 CAD | Property Subtype | Apartment |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 10% | Building Size | 3,500 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1990 |
| Zoning | HU-RD2 | ||
| Price Per Unit | $139,765 CAD |
| Sale Type | Investment |
| Cap Rate | 10% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 3,500 SF |
| No. Stories | 2 |
| Year Built | 1990 |
| Zoning | HU-RD2 |
Property Taxes
| Parcel Number | 4-12-2-026-20 | Improvements Assessment | $52,762 CAD |
| Land Assessment | $11,276 CAD | Total Assessment | $64,038 CAD |
Property Taxes
Parcel Number
4-12-2-026-20
Land Assessment
$11,276 CAD
Improvements Assessment
$52,762 CAD
Total Assessment
$64,038 CAD
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