6711-6817 Tara Ln

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6711-6817 Tara Ln

New Orleans, LA 70127
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Value Added Multi Family <p><span style="color: rgba(0, 0, 0, 1)">🏒 78-unit multifamily community on 2.77 acres in New Orleans East</span></p><p><span style="color: rgba(0, 0, 0, 1)">πŸ’° Offered at $1,200,000 | $15,385 per unit | $12.16 per gross SF</span></p><p><span style="color: rgba(0, 0, 0, 1)">πŸ“ˆ Projected After-Repair Value (ARV) of ~$5,125,000 at 12% cap rate</span></p><p><span style="color: rgba(0, 0, 0, 1)">πŸ’΅ Estimated equity creation potential of ~$4,000,000 upon stabilization</span></p><p><span style="color: rg

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times