

Metairie Apartment Complex
A+ location with upside in rents
Marketing description
3106-10 Independence Street, a value add multi-family property located in Metairie, LA. Metairie is a highly desirable market for both renters and investors alike. Multifamily properties in Metairie generally experience lower turnover and rent out extremely quick and 3106-10 Independence Street is no exception. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations.
Additionally, the new renovations nearby at Clearview Mall corridor including new multifamily units should continue to increase the value in the surrounding area.
For added convenience, ample off-street parking is available in the rear of the building, eliminating the hassle of finding a parking spot and enhancing the overall living experience. In sum, 3106-10 Independence Street represents an extraordinary investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.
Investment highlights
Current rents are 20-30% below market
Right off Veterans Blvd which is the most heavily trafficked corridor in the state of Louisiana
Listing Contacts


Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?















