Metairie Retail Multi-Family Property
1002 N Arnoult Rd, Metairie, Louisiana 70001
Owner-financing terms available on this retail/multifamily property in Metairie. Includes long-term grocery tenant in the 2250 SF first floor space and four 550-SF apartments on the second floor. Gross annual income of $67,500 with net income of $60,000. See attachment for terms of owner financing - 4.5% at 20-year amortization with 20% down. Apartments consist of (2) 1 bedroom and (2) 2 bedroom. Potential for increased rents. Tenants have been in place for several years.
Standalone corner property located in Metairie - one block from Severn Way.
- 4,450 SF Standalone Retail/Multi-Family Building
- Long-Term Grocery Tenant in 2250 SF 1st Floor Space
- Four Apartments Upstairs, Leased for Several Years
- Owner Financing Available
12/2/2019 7:02:32 PM
1/20/2020 4:10:38 AM