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3619 S Carrollton Avenue
New Orleans, LA 70118
Asking Price
$2.75M
Asset Type
Storefront Retail
Class
Class B
What's Special
CENTRALLY LOCATED RETAIL AND DISTRIBUTION SITE <ul><li><span style="color: rgba(55, 65, 81, 1)">Located in an opportunity zone</span></li><li><span style="color: rgba(55, 65, 81, 1)">61,753 vpd</span></li><li><span style="color: rgba(55, 65, 81, 1)">Located on a strong retail corridor</span></li><li><span style="color: rgba(55, 65, 81, 1)">Located next to Xavier University</span></li></ul><p></p>
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NOI
$80,000
Cap Rate
2.91%
DSCR
0.49
Underwater
Cash-on-Cash
-10.09%
Monthly Payment
$13,605.5
Annual Cash Flow
$-83,265.995
