Listing Price $1,650,000
+/-5,896 SF across 4 Buildings – Being Sold as 100% Leased
+/-12,705 SF of Land
The subject property is a completely renovated 19 unit fully leased income-producing property located in the heart of Mid-City
Each renovated 250-300 SF unit is set up as a studio with 1 Bedroom and 1 Bathroom bringing in $750-$795/month. Opportunity to increase rents for additional income
Complete renovation includes new exterior/interior paint, all new flooring, lighting, counters, cabinets, sheetrock, structural, bathrooms, appliances, fixtures, and more
Located in the Opportunity Zone, State Historic Tax Credit District, and National Historic Tax Credit District
Laundry room with 4 washer/dryer units on revenue share agreement. Cox Cable also has a revenue share agreement in place
