24 Unit Duplex Portfolio in Kenner
$1,400,000
3rd St and Centanni Rd, Kenner, LA 70062
1 sqft
Building Size
24
Units
Details:
Highlights:
- 88% Occupied
- 150% Rent increase effective June 1
- Value-Add / redevelopment opportunity
- Opportunity to own majority of the street
Description:
The portfolio comprises 12 duplex properties.
Great redevelopment opportunity.
The properties are located just south of the Louis Armstrong New Orleans International Airport (MSY).
All properties are located off of Hwy 48 (3rd St) (±10,491 daily traffic) and just ±3 minutes from Hwy 61 (Airline Dr) access.
This portfolio presents an opportunity to own the majority of the street.
All buildings are on separate parcels, leaving an investor opportunity to sell each building individually.
21 of the 24 units are occupied (88%).
Rents are scheduled to increase effective June 1.
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Location
Gallery
