Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
606 Clay Street
Kenner, LA 70062
Asking Price
$1.58M
Asset Type
School Special-purpose
Class
Class B
What's Special
Special Purpose | 36,781 SqFt <ul><li>45-Day Marketing Period: June 9 - July 24, 2026</li><li>Offer Deadline: July 24, 2026</li><li>Offers reviewed by Facilities Committee & Board: July 27-August 5, 2026</li><li>Closing: 15-Days following Board Approval: August 20, 2026</li><li>Offers can be submitted via email to Paul Richard (prichard@rampartcre.com) or by hand delivery to 110 Veterans Memorial Boulevard, Suite 250, Metairie, LA 70005.</li></ul>
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
5.05%
DSCR
0.85
Underwater
Cash-on-Cash
-2.97%
Monthly Payment
$7,841.715
Annual Cash Flow
$-14,100.582
