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Apartment House Pines Village

$7,500,000

Pines Village, New Orleans

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Full Address

Purchase Credits

Building Dimensions
N/A

Lot Size
N/A

Square Footage
53,000

Units
117

Rent Roll
N/A

Vacancy
N/A

Price
$1,120,000

Notes
New orleans 117 units 53,000sqFt on 82,000sqFt lot gross RR 1.12m NOI around 800k. Building was recently fully renovated & good paying family tenants were put in entirely FM. owner asking 7.5m firm (10+ cap)

Owner Information
Purchase Credits

Owners Number

WhatsApp Facebook Twitter Pinterest Linkedin Email

Pines Village, New Orleans

Property Refund Request Property Removal Request Property Upload

$7,500,000

Overview

Full Address

Purchase Credits

Building Dimensions
N/A

Lot Size
N/A

Square Footage
53,000

Units
117

Rent Roll
N/A

Vacancy
N/A

Price
$1,120,000

Notes
New orleans 117 units 53,000sqFt on 82,000sqFt lot gross RR 1.12m NOI around 800k. Building was recently fully renovated & good paying family tenants were put in entirely FM. owner asking 7.5m firm (10+ cap)

Owner Information
Purchase Credits

Property Refund Request Property Removal Request Property Upload

Address

City New Orleans
State/county Louisiana
Area Pines Village
Country United States

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Oahu Hawaii 50ksqFt lot Approved plans to build 8 new single family houses Demolition permit and Grading permit have been approved. 6 of the 8 house construction permits have been approved. The remaining 2 are expected to be approved in the next 2 to 4 weeks. The current owner will pay the permit fee and obtain the permit for the remaining 2 houses. All fees have been paid for including the following: 1. Park Dedication Fee for the entire project 2. Board of Water Supply fee for 8 individual water meters 3. Sewer connection fee to build the 8 SFD 4. HECO review fee and service installation fee for the entire project 5. All engineering design and house construction drawing fees 6. All City DPP review and permit fees All tenants have been given the 45-day notice to vacate by June 1. All approved permits including the 8 house construction plans are included in the sale of the property. Construction can start right away. Normal sale Asking 2m negotiable. Setup & address available