7101-7105 Maple Street, New Orleans, LA 70118 Photo
7101-7105 Maple Street, New Orleans, LA 70118 Photo
7101-7105 Maple Street, New Orleans, LA 70118 Photo
7101-7105 Maple Street, New Orleans, LA 70118 Photo
7101-7105 Maple Street, New Orleans, LA 70118 Photo

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7101-7105 Maple Street New Orleans, LA 70118
$1,800,000
Active / MLS# 2552021 / Commercial - / New Orleans
0 Beds
4110 SqFt

<p style="color:green"> Initial offering of a newly-renovated, fully-furnished, 100% leased, attractive and extremely well-positioned, turn key investment property in immediate proximity to both the Freret Street corridor and the core of Tulane University's campus. This 3plex has been meticulously renovated, with work being completed just last year. Each unit has tenants vetted to meticulous standards that pay on time and in full. Lease lengths are all 12 months (as opposed to the 9 month lease length you'll frequently find with student housing). All 3 units have significant outdoor space, especially the endcap units, for grilling and spending time in the sunshine, along with assigned parking and mature landscaping. <p style="color:red"> Interior photos to be added to MLS following the spring exam period. <p style="color:purple"> Property is located in flood zone x, with an assumable flood policy (and a modest premium). Zero deferred maintenance. A line of the future masters of the universe around the block looking for a luxury, low-touch lease arrangement. Asking 5% cap rate for such an appealing and stable long term investment. First showings will be conducted on May 15th (following the spring exam period). Please reach out to Blake Rose (504.945.5522) or Peter Lombardo (504.250.5550) for additional information or to schedule a showing.

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Property Details

Property Type: Commercial -
Lot Size: 0.13 Acres
Stories: 2.0

Feature Descriptions

Days on Site: 3
Exterior: Brick
Lot: Corner Lot, City Lot
Lot Dimensions: 65 x 90
Parking: Driveway, Three or more Spaces
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices Preferred, REALTOR
Agency Phone: (504) 766-6705

Shown By

Agency Title: John Weil Realty, LLC
Agency Phone: 504-512-6339

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