2216 Amelia St

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Address: 2216 Amelia St, New Orleans, LA 70115, USA
Created date: February 5, 2024
Date last updated: September 23, 2024
  • Fully occupied – full vouchers in place through HANO and LHC paying $1,263 / mo
  • Newly renovated
  • Great location close to campus and streetcar line
  • All units 1 bd / 1 br

Property Description

Now available for sale, 2216 Amelia St is a fully renovated 10-unit apartment complex in a sought-after location near Tulane and Loyola Universities. The property is fully occupied. Full vouchers in place through HANO and LHC paying $1,263 / month. This property, comprising ±4,624 SF across a ±0.17-acre lot, offers exclusively onebedroom, one-bathroom units, perfectly catering to the high demand from students and young professionals. The recent complete renovation, including a new roof, updated electrical, new appliances and updated plumbing systems, positions this complex as a turnkey investment and minimizes upfront costs and maintenance concerns for the new owner. The strategic location not only provides easy access to the New Orleans streetcar line but also places it just six minutes from the CBD / Warehouse District, enhancing its appeal to a wide tenant base. There is both street parking and a dedicated lot in the rear of the building. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $964,500
No. of Units: 10
Lot Size: 0.17 Sq ft
Opportunity Zone: No
Price per unit: $96,450
Property Website Click Here
Address: 2216 Amelia St, New Orleans, LA 70115, USA
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