Commercial Property for Sale in Gretna Louisiana 70056

308 Ruby St, Gretna Louisiana, 70056

Listing ID: CL-Louisiana-11137 Commercial Duplex/Triplex/Fourplex Multifamily
Published on: Wednesday, July 31, 2024 | Updated on: Wednesday, July 31, 2024

Listing Summary

The seller has been purchasing homes since 2010 and has performed significant renovations in the absence of tenants or during turnovers, while providing cosmetic improvements on homes that have remained occupied.

Full Description

The seller has been purchasing homes since 2010 and has performed significant renovations in the absence of tenants or during turnovers, while providing cosmetic improvements on homes that have remained occupied. The portfolio is managed by the owner's professional property management company, who has maintained the properties in quality condition. The 14 subject properties are clustered in Terrytown, LA. The portfolio is currently 100% leased. The units range in size from 1,032 – 1,717 square feet with an average size of 1,300 square feet. The seller has been successful in raising the rents to market rate in 2023. The property management company may stay involved for a fee

Quick Glance

  • Listing ID: CL-Louisiana-11137
  • Status: Active
  • Year Build: N/A
  • Building Size: N/A
  • Lot Size: N/A

Additional Contacts

No additional contacts available.

Complete Details

  • No of Stories: 1
  • No of Total Units: 8
  • Heating and Cooling: Not Specified
  • Building Class: Class B
  • Occupancy: 100

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for." and make it bit bigger and visible

Company Name Lender Type Contact Name Contact Number
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Pricing Details

Additional Features

Highlights
  • 4 vacants lots
  • The seller has been purchasing homes since 2010 and has performed significant renovations in the absence of tenants or during turnovers, while providing cosmetic improvements on homes that have remained occupied.
  • 100% Leased
  • 8 Rental Units 2, 4-Plexes

Listing Location

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