1913 Seventh St

Multi-Family: Low-Rise
Pending

1913 Seventh St, New OrleansLA 70115

Property Details

Location

Address
1913 Seventh St, New OrleansLA 70115
County
Orleans Parish
Submarket
Uptown-Garden District
Parcels
41038343

Building Size

Building Size
Rentable Space
5,207 SF

Building Details

Type
 Multi-Family: Low-Rise  
 Pending
Number of Buildings
1
Number of Units
10
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.22 Acres
Land (SF)
9,583 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
HU-RD2
Lot Depth
153 ft
Lot Width
70 ft

Contacts

Current Listings

10 Unit Multi-Family in Central City

5,207 SF$785,000

Excellent value-add opportunity in Central City area that is seeing a lot of new development and growth. This 10-unit apartment complex is located 3 blocks from St. Charles Avenue, and is in a great position for cosmetic renovations and rental rate increases. The property has plenty of parking for residents and each unit is separately metered for electricity. The complex is 100% occupied, which presents a great opportunity to perform minor renovations while receiving cash flow to cover expenses and debt service.

Excellent value-add opportunity in Central City area that is seeing a lot of new development and growth. This 10-unit apartment complex is located 3 blocks from St. Charles Avenue, and is in a great position for cosmetic renovations and rental rate increases. The property has plenty of parking for residents and each unit is separately metered for electricity. The complex is 100% occupied, which presents a great opportunity to perform minor renovations while receiving cash flow to cover expenses and debt service.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: LACDB

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