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$1,700,000
Est. payment /mo
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Subdivision Not A Subdivision
MLS Listing ID 2501309
HOA Y/N No
Year Built 1968
Property Sub-Type Condominium
Property Description
Rare Investment Portfolio in Coveted Old Mandeville!
Incredible opportunity to own 10 fully leased condos in the heart of historic Old Mandeville! Each unit features a 2-bedroom, 1.5-bathroom layout with a consistent floorplan and desirable waterfront access. This turnkey package includes four boat slips and access to community amenities such as pools and common areas.
All units are currently 100% occupied, providing immediate cash flow with leases in place. HOA dues are $530 per unit, covering maintenance, wind, hail, flood and general liability insurance and community features. Whether you're expanding your portfolio or launching a real estate investment business, this package delivers instant income in a high-demand area.
Rent rolls available upon request. Don't miss this rare chance to invest in a thriving lakeside community!
Seller willing to sell in parts as well:
10 units- $1,700,000/
....single units - $185,000/
building 7 $538,000
building 11- $538,000
building 9 - $700,000
Incredible opportunity to own 10 fully leased condos in the heart of historic Old Mandeville! Each unit features a 2-bedroom, 1.5-bathroom layout with a consistent floorplan and desirable waterfront access. This turnkey package includes four boat slips and access to community amenities such as pools and common areas.
All units are currently 100% occupied, providing immediate cash flow with leases in place. HOA dues are $530 per unit, covering maintenance, wind, hail, flood and general liability insurance and community features. Whether you're expanding your portfolio or launching a real estate investment business, this package delivers instant income in a high-demand area.
Rent rolls available upon request. Don't miss this rare chance to invest in a thriving lakeside community!
Seller willing to sell in parts as well:
10 units- $1,700,000/
....single units - $185,000/
building 7 $538,000
building 11- $538,000
building 9 - $700,000
Location
State LA
County St Tammany
Community Common Grounds/Area
Zoning RES
Interior
Fireplace No
Exterior
Parking Features Off Street
Community Features Common Grounds/Area
Waterfront Description Waterfront
Water Access Desc Public
Building
Lot Description City Lot
Dwelling Type Mixed Use
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 141905
Special Listing Condition None
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Listed by LATTER & BLUM (LATT15)