6745 Cindy Place

Off Market

6745 Cindy Place

New Orleans LA 70127

7125 sq. ft.

0.35 ac.

Apartment

MASON MCCULLOUGH, last sold this property on 08 March 2024 after 237 days on market.

Overview

Bridgwater Realty Advisors is excited to present a unique opportunity to acquire an exceptional apartment community situated in a neighborhood with stable rental demographics. This property is located in the New Orleans East Sub-Market and consists of three well-maintained buildings, containing a total of thirteen (13) one-bedroom, one-bathroom units and one (1) efficiency unit. The complex features pitched shingle roofs and an on-site parking lot accommodating eleven vehicles. Recently renovated, the complex is currently in the lease-up phase, and the existing owners have been leasing the vacant units at an average monthly rate of $1,002 per month. This would equate to a potential monthly rental income of $14,028. For a comprehensive understanding of the unit mix, rent roll, and financial details, please refer to the attached offering memorandum. Considering the current economic climate, there is a pressing and continuous need for affordable housing units in this market. Don't miss this opportunity to be a part of meeting that demand.

Features

14 bedrooms

14 bathrooms

3 carspaces

7125 sq. ft. floor area

0.35 ac. lot size

Apartment

Estimated Value

We need at least 3 similar 14 bedroom apartments sold in New Orleans over the last 12 months.

Property history for 6745 Cindy Place

2024

Sold

Undisclosed

08 Mar 2024 by MASON MCCULLOUGH, of Bridgewater Realty Advisors, LLC

2013

Rented

Undisclosed

14 Oct 2013 by Talbot Historic Properties

Happy sellers in New Orleans

87%

87% of sellers in New Orleans reported that their sale price either exceeded or met their price expectations.

New Orleans stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in New Orleans over the last 12 months.

Local market activity for 14 bedroom apartments in New Orleans

Sold

For Sale

Interested in selling?

People are reaching out to these agents in New Orleans for a market analysis.

Faviola Thickstun

at Realty ONE Group Immobilia | Metairie

4.9

(32 reviews)

Get a market analysis

Leslie Ellison

at Delisha Boyd, LLC

(17 reviews)

Get a market analysis

NATASHA DIXON-JOSEPH

at Realty Pros of Louisiana, Inc.

Get a market analysis

JAVON JONES

at Nola Home Realty Group

(2 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in New Orleans

Faviola Thickstun

Faviola Thickstun is an award winning recommended agent for New Orleans. They have 2 local sales and collected 1 local review across the last 12 months.