$2,050,000
$2,350,000
12.8%For more information regarding the value of a property, please contact us for a free consultation.
6780 BUNDY RD New Orleans, LA 70127
127 Beds
82 Baths
48,160 SqFt
Key Details
Sold Price $2,050,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 48,160 sqft
Price per Sqft $42
MLS Listing ID 2465540
Sold Date 12/24/24
Style Traditional
Bedrooms 127
Full Baths 82
Construction Status Average Condition
HOA Y/N No
Year Built 1980
Lot Size 3.020 Acres
Acres 3.02
Property Sub-Type Apartment
Property Description
Bundy Road Apartment Complex consists of 48 units and a gross building area of 48,160
square feet on 3.02 acres. The improvements include thirty-three (33) three
bedroom/two-bathroom units, thirteen (13) two bedroom/one bath units, one (1) one
bedroom/one bathroom unit, and one (1) efficiency. The property is made up of 24 single
story buildings, built in the 1980's, and completely renovated in 2017.
New Property Management is on site and actively enhancing the property as well as
marketing vacancies. Current rent rates are well below market rates, huge upside potential.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Parking Features Parking Lot
Pool None
Water Access Desc Public
Roof Type Metal
Building
Lot Description 1 to 5 Acres, City Lot
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Construction Status Average Condition
Others
Tax ID 39W016234
Financing Conventional
Special Listing Condition Real Estate Owned
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Bought with KELLER WILLIAMS REALTY 455-0100