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739 S Clark Street
New Orleans, LA 70119
Asking Price
$1.85M
Asset Type
Traditional Office Office
Class
Class B
What's Special
Office | 14,981 SqFt <ul><li>Historic New Orleans office property originally constructed around 1860 and extensively renovated in 2004, blending historic character with modern convenience.</li><li>Approximately 14,981 SF across three floors on approximately 25,222 SF of land.</li><li>Large atrium with abundant natural light and dramatic architectural features.</li><li>22 private offices, open work areas, reception area, and 4 breakrooms.</li><li>31 on-site parking spaces, a rare advantage for an urban New Orlea
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NOI
$80,000
Cap Rate
4.32%
DSCR
0.73
Underwater
Cash-on-Cash
-5.38%
Monthly Payment
$9,152.791
Annual Cash Flow
$-29,833.487
