2216 Glasgow Drive, Harvey, LA 70058

Commercial property for lease

• Description
• The subject property is renovated 26 Unit Apartment Community comprised of two (2), two-story buildings situated on a cul-de-sac/corner of a neighborhood that consists of mostly single-family homes. All units are one (1) bedroom and one (1) bathroom dwellings. Building One is comprised of twelve (12) units measuring 675 SF/each, a community laundry room, and a Leasing Office. Building Two is comprised fourteen (14) units measuring 700 SF/each. Since 2015, current ownership has replaced HVAC units, appliances, sinks, counters, flooring, vanities, paint, as well as make other exterior upgrades to enhance curb appeal. -Just Minutes to Downtown New Orleans and Five Blocks from Manhattan Blvd.-Geographically Located in the Center of the Westbank and -Strategically Positioned to Nearby Economic Drivers/Community Attractions-Fully Renovated in 2015 with Stabilization Shortly Thereafter-Above Average Quality Finishes Throughout Property-Excellent Ingress and Egress for Off Street Parking-Strong Historical Performance Since Repositioning-Opportunity for Immediate Unlevered Return of +/- 7.37%-Attractive, Assumable, FreddieMac Financing that Provides a Cash-On-Cash Return of +/- 9.31% Building price details: $1,600,000.
• Contact info
• Ryan Pearce

  NAI/Latter & Blum Commercial New Orleans
  Paul G Richard

  NAI/Latter & Blum Commercial New Orleans
• Note

• Details Info about this row that located on 2216 Glasgow Drive, Harvey, LA 70058 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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