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1501 Oretha Castle Haley Boulevard
New Orleans, LA 70113
Asking Price
$850K
Asset Type
Medical Office Multifamily
Class
Class B
What's Special
COMMANDING HISTORIC COMMERCIAL OPPORTUNITY ON ORETHA CASTLE HALEY BLVD!! <p>A historic tax credit-eligible corner redevelopment opportunity with MU-2 zoning, off-street parking, and multiple value-creation strategies located in the path of growth between Downtown New Orleans and the rapidly transforming Oretha Castle Haley corridor.</p>
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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.58%
Monthly Payment
$4,205.336
Annual Cash Flow
$29,535.965