Large, compelling multifamily investment opportunity in Belle Chasse with a:
8.3% CAP RATE!!! HIGHLY MOTIVATED SELLER!!!
All units are leased (except for one currently being refurbished) and stay 100% leased, each unit totally furnished with all utilities paid for tenants on a monthly basis, all metered separately for water, power, and sewer (and gas, if available). All units except 1 have newer roofs. Collecting $19,350/month in rent once the final unit is finished being refurbished. Lots of industrial development and local, high-paying blue collar jobs means this complex will stay rented and generate income for many years down the line. Please call to arrange your showing today!