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6024 Magazine Street
New Orleans, LA 70118
Asking Price
$120K
Asset Type
Traditional Office Retail
Class
Class B
What's Special
2,650 SqFt on Magazine Street <ul><li>Renovated commercial building available for sale</li><li>Prime location on Magazine Street in Uptown New Orleans</li><li>Valuable off-street parking included</li><li>Positioned between State Street and Webster Street</li><li>Exceptional visibility and accessibility in a high-traffic corridor</li><li>Renovated interior and façade with historic character</li><li>Surrounded by major Uptown destinations including Audubon Zoo and Audubon Park</li><li>Near Tulane University and Loyola
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NOI
$80,000
Cap Rate
66.67%
DSCR
11.23
Strong
Cash-on-Cash
202.43%
Monthly Payment
$593.695
Annual Cash Flow
$72,875.666
