1455 S Laurel (6 Plex), 1457 S Laurel (4 Plex), and 1309 S Dilton (6 Plex) are included in this package. 16 units total, all roofs were replaced after Hurricane Ida and all exterior stairwells were replaced.
Current gross rent: $9800/mo with 3 vacancies.
Rent Roll:
1457 Laurel
#1: $700
#2: $700
#3: $850
#4:Vacant
#5: Vacant
#6: $650
1455 Laurel
#1: $800
#2: $700
#3: $800
#4: Vacant
1309 Dilton
#1: $700
#2: $800
#3: $700
#4 $850
#5: $700
#6: $750
All complexes have off-street parking and separate utility meters for electric and gas. Unit conditions vary and there are three vacancies. Immense value-add opportunity for a complex that projects to cash flow north of $19,000/mo once rents are raised to subsidized levels.
There are 14 two-bedrooms and 2 studios.
Call or text Scott at (504) 475-4633 for more information