Listed by Corporate Realty
$639,000
907 Wilson Drive
Details
Property Type Multifamily
Sub Type Investment
Square Footage 3,102
Units 4
Cap Rate 6.33%
NOI $40,466
Tenancy Multi
Pro-Forma Cap Rate 6.90%
Pro-Forma NOI $44,114
Lot Size (SqFt) 4,958
Zoning HU-RD1
Investment Type Stabilized
STRONG IN-PLACE INCOME | PRIME NEIGHBORHOOD LOCATION
Marketing description
Well-located fourplex in the desirable Mid-City / Parkview neighborhood of New Orleans. The property consists of four residential units and is currently generating approximately $5,325 per month in rental income.
Positioned on a quiet residential street with close proximity to City Park, Bayou St. John, and major corridors, the property offers investors stable cash flow with upside potential through rent optimization.
Listing Contacts
Listed by Corporate Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$40,466.00
$3,372.17/mo
Valuation Metrics
0
DSCR
6.33%
Cap Rate
6.33%
ROI
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