- For Sale $947,890
- Property Type Multi-Family
- Property Size 7,563 SF
- Units 5
- Lot Size 5.11 Acre
- Date Updated Apr 1, 2024
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Highlights
- PRICE REDUCED, MOTIVATED SELLER!
- For more information visit www.SFRhub.com and search for portfolio 100299
- Solid pro forma net cap rate of 9.20%
- Pro forma net operating income of $87,204
- 100% Occupied! Motivated Seller
- The market price of homes in this portfolio is 21% higher than the asking price
- Single-family rent in Slidell is up 12% year over year according to Zumper.com
- The single-family home occupancy rate in New Orleans is 91.4%
- Projected year 1 model 3% rent increase for Slidell
- YOY Predicted HPA for Slidell in 2021 is 7.33%
- Slidell’s latest annual appreciation rate is higher than 80% of the other cities and towns in Louisiana
- The average days on the market for Single Family Homes is only 7 days because of the extremely low supply
- Renters make up 32.5% of the Slidell single-family housing
- Recent job growth is Positive as Slidell jobs have increased by 1.4%
- All SVN® Offices Independently Owned & Operated
- Local Broker License Information: www.SFRhub.com/realestatelicensing
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Contacts
Thomas C. Johnston
SVN | SFRhub Marketplace
(602) 403-3695
Location
Getting Around
-
Walk Score ®
Car-Dependent (17) -
Bike Score ®
Somewhat Bikeable (39)
- City Slidell, LA
- Zip Code 70460
- Market New Orleans
Points of Interest
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Circle K
0.42 miles
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Shell
0.83 miles
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Chevron
1.30 miles
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Shell
3.66 miles
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Exxon
3.73 miles
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Circle K
4.05 miles
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Exxon
4.35 miles
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Grumpy's
4.49 miles
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Quick Check Gas
4.60 miles
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Shell (Purple Cow)
5.02 miles
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Sonic
0.37 miles
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Dickies
0.39 miles
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IHOP
0.42 miles
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Olive Garden
0.82 miles
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Wendy's
0.91 miles
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Zea Rotisserie
0.95 miles
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Taco Bell
1.04 miles
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Burger King
1.10 miles
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Chuck E. Cheese's
1.17 miles
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Chili's
1.25 miles
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Bayou Woods Elementary School
2.73 miles
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Carolyn Park Middle School
2.88 miles
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Honeycomb School
2.96 miles
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Florida Avenue Elementary School
4.10 miles
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Slidell High School
4.16 miles
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Whispering Forest Elementary School
4.17 miles
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Slidell Junior High School
4.22 miles
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Alton Elementary School
4.22 miles
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Saint Margaret Mary School
4.30 miles
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Glynn H Brock Elementary School
4.40 miles
Contact Listing Broker
Thomas C. Johnston
SVN | SFRhub Marketplace
(602) 403-3695