516 Natchez St

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516 Natchez St

New Orleans, LA 70130
Asking Price
$3.00M
Asset Type
Mixed-use
Class
Class B

What's Special

Mixed Use | 8,327 SqFt <ul><li>​6-Unit Mixed-Use Asset</li><li>​5 Residential | 1 Commercial(Lobby buildout for hotel use and supporting F&B)</li><li>​±8,327 SF Building</li><li>​Award-Winning Historic Redevelopment</li><li>​Redeveloped in 2014</li><li>​Elevator-Served Property</li><li>​Institutional-Quality Finishes</li><li>​Private Terraces (Select Units)</li><li>​Diverse Income Stream</li><li>​Walkable CBD Location</li><li>​Steps from Poydras Street</li><li>​Minutes to the French Quarter</li><li>​ Immediate Access

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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.89%
Monthly Payment
$14,817.626
Annual Cash Flow
$-97,811.51

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