Address Not Disclosed, Gretna, LA 70053

Introducing the Westbank Residential Portfolio, a prime investment opportunity to acquire a mix of residential income producing properties consisting primarily of single family residences, duplexes, and three multi-plexes located in Gretna, Harvey and Belle Chasse, LA. This expansive portfolio of approximately 102 individual rental units (plus 1 maintenance bldg.) have been meticulously maintained and managed offering an exceptional investment potential for multifamily investors. With very little capex required and an enviable 80% Plus occupancy rate, this property presents a compelling prospect for those seeking to expand their real estate portfolio in the stable New Orleans MSA. Trailing three (3) years rent revenue have been equal to approximately $1.314M. While ownership’s preference is to sell the portfolio in its entirety, the offering is now available on a partial basis, allowing investors the opportunity to acquire either of two separate bundles: a Jefferson Parish portfolio or a Plaquemines Parish portfolio. Available Detailed Financial Information Disclosures can be made available to qualified parties who execute a Confidentiality Non-Disclosure Agreement. Don't miss the chance to capitalize on this sleeper investment opportunity.

The portfolio consists of 30 single-family homes, 20 duplexes, 3 multi-family properties, and a storage/maintenance facility totaling approximately 7,000 SF. The majority of the residential assets are located throughout the Westbank community of Gretna, Louisiana, with additional properties situated in nearby Harvey and Belle Chasse.

Contact David da Cunha for more information.