4415 Wilson Ave
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4415 Wilson Ave
12 Unit Apartment Building $1,404,936 CAD ($117,078 CAD/Unit) 10.74% Cap Rate New Orleans, LA 70126
Investment Highlights
- Turn-Key Investment Opportunity!
Executive Summary
This meticulously maintained 12-unit apartment complex, situated along Wilson Avenue, presents a compelling investment prospect. Boasting a strong occupancy rate of 91.66%, the property generates a robust monthly income of $11,501. Having undergone a comprehensive renovation in 2019, the complex was equipped with brand-new electrical, plumbing, roofing, and window systems. This ensures long-lasting durability and minimal maintenance requirements. Each unit is independently metered, providing convenience for both tenants and ownership. This turn-key investment opportunity is ideal for seasoned investors and newcomers alike, offering a stable income stream and significant potential for future growth.
Property Facts
| Price | $1,404,936 CAD | Apartment Style | Low Rise |
| Price Per Unit | $117,078 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 10.74% | Building Size | 8,360 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment | Parking Ratio | 0.72/1,000 SF |
| Price | $1,404,936 CAD |
| Price Per Unit | $117,078 CAD |
| Sale Type | Investment |
| Cap Rate | 10.74% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 8,360 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 0.72/1,000 SF |
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4415 Wilson Ave
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