Owner Financing, 34 Units @ 2300 N Broad St
Multifamily | 34 Units | Owner Financing
Marketing description
Well-positioned 34-unit, two-story multifamily apartment complex along the active Broad Street corridor in New Orleans, near Gentilly, Mid-City, Seventh Ward, Fair Grounds Race Course, I-610, and I-10. The property contains 34 one-bedroom / one-bath units (approximately 500 SF each). Tenant base includes HANO, LHA, Unity, VOA, providing stable and diversified income.
Owner Financing Available
Bond for Deed Terms
15% Down at Closing | 5% Interest Years 1–2 | 30-Year Amortization
Additional 5% Principal at Year 2
7% Interest Years 3–5 | Balloon Due Year 5
Seller Second Terms
75% Down at Closing | Seller Finances 25% Balance
5% Interest | 30-Year Amortization
Balloon Due Year 5
Part of a larger New Orleans multifamily and commercial portfolio. Contact agent for rent roll, financials, and additional portfolio opportunities.
Investment highlights
- Owner Financing. Bond for Deed w/ 15% down. OR Seller Second w/75% down
- Income-producing 34-unit multifamily asset
- Strong voucher-supported tenant base (HANO, LHA, Unity, VOA, Travelers, Easterseals)
- Workforce housing demand remains high along Broad Street corridor
- Light value-add opportunity: unit refreshes, rent optimization, operational efficiencies
- HU-MU zoning offers long-term redevelopment or mixed-use potential (retail, office, residential)
- Optional seller financing
- Centrally located near Gentilly, Seventh Ward, Mid-City, Fairgrounds, I-610 & I-10
- Part of a larger portfolio of New Orleans commercial and multifamily/rental properties, with owner-financing options available; contact broker for full list.
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