2901-2915 Baronne St
Property Description
Investor Special: The offering includes four 2-bed, 1-bath adjacent duplexes located at 2901, 2905, 2909, and 2915 Baronne Street in New Orleans, totaling 8 residential units. The portfolio represents a value-add opportunity with upside through renovation, lease-up, and stabilization. Current vacancies allow a buyer to implement upgrades and achieve market rents without displacing tenants. Upon stabilization, the portfolio offers potential for enhanced cash flow, forced appreciation, and multiple exit strategies, including long-term rental hold or resale. The assets benefit from a central location with consistent rental demand and strong investor liquidity. Reach out to broker to request financials.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $750,000 |
| No. of Units: | 8 |
| Opportunity Zone: | No |
| Price per unit: | $93,750 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
10194 TRAMORE Avenue, Unit 0
ENGLEWOOD, Florida
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout