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26513275
26513291

7 Locations

CL
LA LA SALE.0995695512-ACT
RE/MAX Commercial Brokers
RJ
LA 0000031432
Listed by RE/MAX Commercial Brokers
$1,750,000
288 days on market
Updated 25 days ago
Opportunity zone

2500 Freret St

Details
APN 412301716
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 9,694
Units 12
Price per SqFt $195
Class B
Buildings 6
Acreage 0.520
Zoning Historic Urban Two Family Residential District

6 Doubles - 12 Units

Marketing description

This multifamily portfolio located in the heart of New Orleans’ This rare offering includes six (6) recently renovated doubles featuring updated interiors, modern systems, and attractive curb appeal. The seventh building presents a value-add opportunity, requiring a full renovation, allowing a savvy investor to increase income and enhance overall yield.


Situated along the vibrant Freret Street corridor, the area has seen notable growth in recent years


The asset qualifies for Hano (Housing Authority of New Orleans) vouchers, offering stable income backed by government subsidy and expanding affordability for tenants. With a diverse mix of unit types and strong rental demand in the area, 2500 Freret Street is ideally positioned for both cash flow and long-term appreciation. Currently 10 of the 12 units are leased.


Investment highlights

  • Gross Rental Potential: $18,200 per month

  • 2500-2502 Freret St. 1,608 Square Feet 2 Unit

  • 2504-2506 Freret St. 1,608 Square Feet 2 Unit

  • 2508-2510 Freret St. 1,608 Square Feet 2 Unit

  • 2512-2514 Freret St. 1,608 Square Feet 2 Unit

  • 2516-2518 Freret St. 1,608 Square Feet 2 Unit

  • 2520-2522 Freret St. 1,608 Square Feet 2 Unit

Listing Contacts

CL
LA LA SALE.0995695512-ACT
RE/MAX Commercial Brokers
RJ
LA 0000031432
Listed by RE/MAX Commercial Brokers

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Additional Information

Name
Cameron Lombardo
License
LA SALE.0995695512-ACT
Brokerage Phone
5048380001
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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