Lain Gorman

8520 Chef Menteur Highway , New Orleans, LA 70127

$2,600,000
  • 8520 Chef Menteur Highway , New Orleans, LA 70127 Main Photo

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New to the Market Active
BEDS92 BATHS46 full MLS#2571712
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

8520 Chef Menteur is a 46 unit apartment complex located in New Orleans East. Currently being offered at a 12.5% Cap Rate, this investment property features immediate cash flow with upside potential. 10 of the units are in need of renovation.Please contact agents for rent roll/expenses.

8520 Chef Menteur Highway | MLS# 2571712

This multi-family property located at 8520 Chef Menteur Highway , New Orleans, LA 70127 is currently listed for sale with an asking price of $2,600,000. Search New Orleans real estate on laingorman.wurthre.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Window Unit(s)
Heating: Central, Other
Lot Size: 0.88 Acres
Year Built: 1985

Feature Descriptions

Days on Site: 5
Exterior: Brick, Wood Siding
Laundry: Common Area
Lot Dimensions: 98X391
Parcel#: 39W920521
Parking: Off Street
Parking Notes: Off Street
Sewer: Public Sewer
Units: 46
Utilities: Natural Gas Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: RE/MAX Commercial Brokers, Inc.
Agency Phone: 504-838-0001

Shown By

Agent Name: Lain Gorman
Agent Phone:
Agency Title: Wurth Real Estate Services

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Estimated Payment

$ 6,544.81 per month $5,786.47 Principal & Interest $0.00 Property Tax (data not provided by mls) $758.33 Homeowner's Insurance

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