875 O'Keefe Avenue

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875 O'Keefe Avenue

New Orleans, LA 70113
Asking Price
$7.50M
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

What's Special

14 Residential Units + Commercial Space - Turnkey Development Downtown New Orleans <p><span style="color: rgba(3, 7, 18, 1)">Capitalize on the rare opportunity to secure a premier asset in the heart of New Orleans’ thriving CBD. With irreplaceable location value, multiple high-yield redevelopment and revenue strategies, and positioning within one of the country’s most enduring hospitality and tourism markets, The O’Keefe is poised to deliver exceptional long-term upside.</span></p><ul><li>​<span style="color: rgba(3, 7, 18, 1)">Foot of South Market -Downtown New Orleans</span>

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NOI
$80,000
Cap Rate
1.07%
DSCR
0.18
Underwater
Cash-on-Cash
-16.23%
Monthly Payment
$37,105.908
Annual Cash Flow
$-365,270.894

Location & Travel Times