For Sale $850,000
Property Type Multi-Family
Property Size 4,080 SF
Units 8
Date Updated Apr 16, 2024

-Now available for sale, 2853 Dryades St is an 8-unit value add multifamily opportunity. The property is located within the Faubourg Delassize neighborhood in close proximity to Mardi Gras parade routes. The property is currently stabilized and cash flowing. The property is additionally for sale in a portfolio comprised of three, two-story buildings all within 15 minutes of one another. With a mix of value-add and stabilized properties, there is opportunity for the new owner to increase equity through renovations and new tenants. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

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Highlights

Value Add opportunity
Stabilized and cash flowing
Faubourg Delassize neighborhood, close proximity to Mardi Gras parade routes
Two other properties available for sale as portfolio – Contact agent

Contacts

Mark Segalla

ELIFIN®

(225) 505-4349

Location

Getting Around

Walk Score ®
87/100 Very Walkable
Transit Score ®
56/100 Good Transit
Bike Score ®
70/100 Very Bikeable

Map
Street

City New Orleans, LA
Neighborhood Central City New Orleans
Zip Code 70115
Market New Orleans

Points of Interest

Saint Charles at Sixth Street

0.22 miles
Saint Charles at Washington

0.23 miles
Saint Charles at Eighth Street

0.25 miles
Saint Charles at Third Street

0.29 miles
Saint Charles at Louisiana

0.36 miles
Saint Charles at First Street

0.38 miles
Saint Charles at Foucher

0.46 miles
Saint Charles at Jackson

0.51 miles
Saint Charles at Peniston

0.56 miles
Saint Charles at Josephine

0.57 miles

Shell

0.83 miles
Exxon

1.19 miles
Shell

1.34 miles
Shell

1.43 miles
Chevron

2.11 miles
Shell

2.12 miles
Exxon

2.29 miles
ChargePoint

2.39 miles
Exxon

2.56 miles
Murphy USA

2.57 miles

Prytania Street Parking Garage

0.49 miles
Delachise Street Parking Garage

0.51 miles
Premium Parking

1.29 miles
Lot F

1.43 miles
Lot B

1.43 miles
Premium Parking Lot

1.57 miles
Premium Parking Lot P296

1.68 miles
E-Z Park

1.69 miles
Roman Parking Garage

1.72 miles
Erato St Cruise Terminal

1.73 miles

Marquette House

0.41 miles
Hotel Indigo New Orleans Garden District

0.49 miles
WorldMark Hotel

0.55 miles
The Queen Anne Hotel

0.88 miles
Prytania Oaks Hotel

0.91 miles
The Prytania Park Hotel

0.93 miles
Atlas House

1.09 miles
Domio

1.22 miles
The Hotel Modern New Orleans

1.27 miles
Holiday Inn Express New Orleans - St Charles

1.27 miles

Commander's Palace

0.41 miles
Another Broken Egg Cafe

0.58 miles
Joey K's

0.60 miles
The Ruby Slipper

0.62 miles
Copeland's Cheesecake Bistro

0.62 miles
Coquette

0.62 miles
Sake Cafe Uptown

0.62 miles
GG's Dine-O-Rama

0.63 miles
Red Dog Diner

0.64 miles
Rum House

0.64 miles

Holy Ghost Catholic School

0.18 miles
McDonogh Number 10 School

0.31 miles
Saint Francis School

0.32 miles
James M Singleton Charter School

0.35 miles
Walter L Cohen High School

0.38 miles
Louise S McGehee School

0.44 miles
Bush School

0.48 miles
Sister Clara Muhammad School

0.56 miles
Coliseum High School

0.60 miles
Louise Head Start Center School

0.62 miles

Dryades YMCA Child Care Center

0.44 miles
Waldorf Early Childhood Center

0.48 miles
Tommy and Bills Day Care Center Number 2

0.54 miles
Volunteers of America Nursery

0.59 miles
Peoples Community Child Care Center

0.61 miles
E B Bromon Liberty House Child Day Care Center

0.63 miles
McMillians First Steps Child Care Center

0.78 miles
Tittli Tots Hide-a-way Day Care Center

0.81 miles
City Wide Daycare Center

0.85 miles
Kingsley House School Age Day Care Center

1.04 miles

Frequently Asked Questions

What is the lease rate for 8-Unit Value Add Multifamily Opportunity?

Rental asking rate at 8-Unit Value Add Multifamily Opportunity is $425,000.00/YR.

What is the total square footage of 8-Unit Value Add Multifamily Opportunity?

8-Unit Value Add Multifamily Opportunity totals 4,080 square feet.

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