- For Sale $1,325,000
- Property Type Multi-Family
- Property Size 11,500 SF
- Units 10
- Additional Rent Contact for pricing
- Date Updated Jan 22, 2024
SUMMARY
10 unit apartment complex
100% occupied
Brick façade with slab foundation.
30 year shingles installed after Katrina
(8) 2bed 1.5bath
(2) 4bed 1.5bath
Each unit has been renovated at
tenant turnover with 5 of 10 units
freshly painted with vinyl wood plank
flooring over the last three years.
Located in an Opportunity Zone
NET OPERATING INCOME
$110,964.00 Current Annual Rents
($18,342.50) Expenses (taxes and insurance)
$92,621.50 Current NOI
SALE PRICE
$1,325,00.00
7% Cap Rate
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
-
Walk Score ®
70/100
Somewhat Walkable
-
Bike Score ®
50/100
Bikeable
- City Chalmette, LA
- Zip Code 70043
- Market New Orleans
Points of Interest
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French Market
5.30 miles
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Ursulines Avenue
5.39 miles
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Saint Claude at Elysian Fields
5.42 miles
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Dumaine Street
5.48 miles
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John Churchill Chase Street
5.54 miles
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Julia Street
5.54 miles
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Toulouse Street
5.58 miles
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Poydras Street
5.58 miles
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Saint Claude at Pauger
5.59 miles
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Canal Street
5.60 miles
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Shell
0.56 miles
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Chevron
1.07 miles
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Citgo
1.56 miles
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Walmart
2.96 miles
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Exxon
3.33 miles
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Murphy USA
3.78 miles
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ChargePoint
7.02 miles
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The New Orleans HEaling Center Side Parking Lot
5.15 miles
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Pay Parking Lot
5.31 miles
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Erato St Cruise Terminal
5.51 miles
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Harrah's New Orleans Parking Garage
5.69 miles
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Lot F
5.78 miles
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Lot B
5.79 miles
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Hotel Monteleone Parking Garage
5.85 miles
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Premium Parking Lot P296
5.91 miles
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E-Z Park
6.05 miles
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Premium Parking
6.09 miles
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Best Western Plus Chalmette Hotel
0.62 miles
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Holiday Inn Express & Suites Chalmette - New Orleans S
1.26 miles
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Federal City Inn & Suites
3.75 miles
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La Quinta Inn New Orleans West Bank / Gretna
4.46 miles
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Courtyard New Orleans Westbank/Gretna
4.55 miles
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Holiday Inn New Orleans West Bank Tower
4.60 miles
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Sentry Inn
4.97 miles
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Super 8
5.05 miles
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Lions Inn Bed and Breakfast New Orleans
5.07 miles
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Red Carpet Inn & Suites
5.11 miles
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Sunny Side Up
0.21 miles
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Papa John's
0.29 miles
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KFC
0.57 miles
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McDonald's
0.62 miles
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Burger King
0.63 miles
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Little Caesars
1.05 miles
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Taco Bell
3.04 miles
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Subway
3.09 miles
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Firehouse Subs
3.14 miles
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Applebee's
3.25 miles
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C F Rowley Alternative School
0.55 miles
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Our Lady of Prompt Succor School
0.55 miles
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Elaine P. Nunez Community College
0.72 miles
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Nunez Community College
0.73 miles
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Andrew Jackson Elementary School
0.80 miles
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Meraux Elementary
1.03 miles
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Chalmette High School
1.22 miles
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Algiers Technology Academy School
2.31 miles
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McDonogh Number 45 School
2.36 miles
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Edna Karr High School
2.37 miles
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Gwens Preschool Academy
2.19 miles
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Cinderella Day Care and Preschool Academy
2.24 miles
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Alverez Kiddie Academy
2.37 miles
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Isabells Day Care and Nursery School
2.40 miles
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Candy Cane Child Care Center
2.82 miles
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Precious Angels Day Care
3.19 miles
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Theodore and DaShanas Bright Beginnings Learning Center
3.46 miles
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Ninth Ward Housing Development Corporation Day Care Center
3.48 miles
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Southern Community Child Care Center
3.48 miles
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Jackson Child Development Center
3.52 miles
Frequently Asked Questions
How much does 2821 Pakenham Dr cost?
The space currently listed for sale at 2821 Pakenham Dr asks for $1,325,000.
What is the total square footage of 2821 Pakenham Dr?
2821 Pakenham Dr totals 11,500 square feet.
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Contact Listing Broker
Bryce French Is this you?
Max J. Derbes
