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1428 Hickory Ave
Harahan, LA 70123
Asking Price
$640K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 4 Units <ul><li>Positioned in one of the most rapidly growing corridors in the New Orleans metro</li><li>Fully renovated 4-plex</li><li>Each unit separately metered for water & electricity</li><li>Situated directly adjacent to Elmwood Shopping Center</li><li>Surrounded by significant new development and job growth</li><li>Each spacious unit is a two-story townhouse layout featuring 2 bedrooms and 1.5 bathrooms</li><li>Finished with modern, high-end upgrades including stainless steel appliances, u
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NOI
$80,000
Cap Rate
12.50%
DSCR
2.11
Strong
Cash-on-Cash
21.88%
Monthly Payment
$3,166.371
Annual Cash Flow
$42,003.55