alt
alt
alt
alt
alt
View All

For Sale

100% Occupied Fourplex in Rapidly Developing Neighborhood

2201 Annette St,
New Orleans, LA 70119

Asset Snapshot

1970
Year Built
2
Floor Count
1
Building Count
4 Units
Unit Count
0 SF
Average Unit Size
3,016 SF
Property Size
100%
Occupancy

Offering Summary

Investment Overview

Now available for sale, 2201 Annette St is a 100% occupied, ±3,016 SF fourplex within a neighborhood characterized by vibrant growth and transformation. This property is unique in the neighborhood for its multifamily zoning (HU-RD2). The complex presents a lucrative opportunity for investors through strong cash flow and potential for rent increases through value-add cosmetic and amenity upgrades. Annette St is nestled in an area rapidly developing with new constructions and renovations and near St Bernard Ave, making it highly attractive for tenants. Tenants will benefit from proximity to essential city landmarks, including the Faubourg Marigny, the Fairgrounds, St Roch Market, and the French Quarter, enhancing the living experience. Additionally, the property offers convenient ±3 minute access to I-10. ***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.***


Investment Highlights

  • 100% Occupied
  • Existing cash flow with further value-add potential
  • Multifamily zoning (HU-RD2)
  • Proximity to I-10

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$475,000
Asking Price