Multifamily Redevelopment Opportunity in Growing Neighborhood
$525,000
2919 Danneel St, New Orleans, LA 70115
5,133 sqft
Building Size
0.22 acres
Lot Area
Details:
Highlights:
- Motivated seller – will review all offers, looking to close as soon as possible
- Growing neighborhood with numerous new-builds and redevelopments in progress
- Fully gutted and ready to be built out
- Just ±6 blocks from upcoming ±200,000 SF mixed-use complex
Description:
Now available for sale, 2919 Danneel St presents an opportunity to join the rapid redevelopment taking place in Milan. This historic area has numerous new-builds and redevelopments underway.
The property is fully gutted and ready to be built out at a new owner's discretion.
The 9-unit property is equipped with both a gated parking lot and off-street curb spaces.
The property is located just ±6 blocks from an upcoming ±200,000 SF mixed-use complex at 3401 St. Charles Ave. The project, expected to be complete in 2024, is planned to comprise two apartment buildings (totaling 114 units) with several ground-floor retail spaces. These units are expected to rent between $2,400 and $4,000.
The property also enjoys just ±3 minute access to S Claiborne Ave and ±5-10 minute access to I-10 and the Central Business District.
Motivated seller – will review all offers and is looking to close as soon as possible.
Sq 282, Lot 20
Documents:
| Title | ||
|---|---|---|
| Offering_Memorandum.pdf |
Location
Gallery
