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641 South Salcedo Street
New Orleans, LA 70119
Asking Price
$225K
Asset Type
Mixed-use
Class
Class B
What's Special
Operating Air BNB For Sale <p><strong style="color: rgba(0, 0, 0, 1)">Commercial Zoned Property with Established Short Term Rental Use | Mid-City New Orleans 641 S Salcedo presents a unique opportunity to acquire a commercially zoned property currently operating as a short term rental with documented income history and professional management in place.</strong></p><p></p><p><strong style="color: rgba(0, 0, 0, 1)">This 3 bedroom, 1 bath property has been updated with major improvements completed approximately five years ag
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NOI
$80,000
Cap Rate
35.56%
DSCR
5.99
Strong
Cash-on-Cash
98.73%
Monthly Payment
$1,113.177
Annual Cash Flow
$66,641.873
