703 Carondelet St
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703 Carondelet St Immeuble residentiel 28 lots À vendre New Orleans, LA 70130
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Rare Mid-Sized Asset in the CBD: Moss Bauer fills a unique gap in the market, with 28 residential units and two retail suites.
- Prime Location in Employment & Entertainment Hub: Strategically located within the New Orleans Central Business District
- Historic Building with Modern Interiors: Originally constructed in 1900 and fully renovated in 2013
- Value-Add Opportunity with Minimal Capex: With current occupancy at 66%, the property offers immediate upside through lease-up
- Efficient Scale with Professional Management Viability
- Retail Income for Diversified Revenue Stream: Two ground-floor retail suites offer additional income potential and flexibility.
RÉSUMÉ ANALYTIQUE
Moss Bauer (the “Property”) is a 28-unit multifamily property with 2 retail suites, prominently located at 703 Carondelet Street in the vibrant Central Business District (CBD) of New Orleans, Louisiana. Originally built in 1900 with brick construction, the Property underwent a substantial renovation in 2013 that preserved its historic character while upgrading the interiors to modern standards. The Property consists of two distinct buildings: a five-story structure serviced by an elevator and a two-story walk-up. The residential units feature hardwood flooring, in-unit washers and dryers, stainless steel appliances, and modern cabinetry—delivering a high-quality living experience that appeals to urban professionals and long-term renters. Currently 66% occupied, with rents below market comparables the asset presents an immediate lease-up opportunity with minimal capital expenditure required, making it a compelling value-add investment.
Situated within the economic core of New Orleans, Moss Bauer benefits from unmatched proximity to over 15.5 million square feet of Class A and B office space within a half-mile, positioning the asset as a preferred choice for renters seeking walkable access to employment centers. In addition to its employment-driven demand base, the Property is within walking distance of New Orleans’ most iconic destinations, including the Caesars Superdome (0.7 miles), Canal Street (0.5 miles), Bourbon Street (1.0 mile), and U.S. Highway 90 (0.7 miles). The St. Charles streetcar line also passes just one block away, offering direct access to Uptown, the Garden District, and Tulane University (4.0 miles). Additionally, the property is 0.7 miles from the Tulane University Health Science Center, 2.1 miles from LSU Health Center Downtown, and 3.5 miles from Xavier University. This connectivity, combined with a walkable urban setting, positions Moss Bauer at the crossroads of business, entertainment, and culture.
Situated within the economic core of New Orleans, Moss Bauer benefits from unmatched proximity to over 15.5 million square feet of Class A and B office space within a half-mile, positioning the asset as a preferred choice for renters seeking walkable access to employment centers. In addition to its employment-driven demand base, the Property is within walking distance of New Orleans’ most iconic destinations, including the Caesars Superdome (0.7 miles), Canal Street (0.5 miles), Bourbon Street (1.0 mile), and U.S. Highway 90 (0.7 miles). The St. Charles streetcar line also passes just one block away, offering direct access to Uptown, the Garden District, and Tulane University (4.0 miles). Additionally, the property is 0.7 miles from the Tulane University Health Science Center, 2.1 miles from LSU Health Center Downtown, and 3.5 miles from Xavier University. This connectivity, combined with a walkable urban setting, positions Moss Bauer at the crossroads of business, entertainment, and culture.
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Surface du lot | 0,2 ha |
| Nb de lots | 28 | Surface de l’immeuble | 2 280 m² |
| Type de bien | Immeuble residentiel | Occupation moyenne | 78% |
| Sous-type de bien | Appartement | Nb d’étages | 6 |
| Style d’appartement | De hauteur moyenne | Année de construction/rénovation | 1900/2013 |
| Classe d’immeuble | C | Zone de développement économique [USA] |
Oui
|
| Zonage | CBD-1 - Core Central Business District | ||
| Type de vente | Investissement |
| Nb de lots | 28 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | C |
| Surface du lot | 0,2 ha |
| Surface de l’immeuble | 2 280 m² |
| Occupation moyenne | 78% |
| Nb d’étages | 6 |
| Année de construction/rénovation | 1900/2013 |
| Zone de développement économique [USA] |
Oui |
| Zonage | CBD-1 - Core Central Business District |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Chauffage
- Cuisine
- Réfrigérateur
- Four
- Cuisinière
CARACTÉRISTIQUES DU SITE
- Accès 24 h/24
- CVC contrôlé par l’occupant
- Sans tabac
- Détecteur de fumée
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Walk Score®
Idéal pour les promeneurs (98)
Transit Score®
Excellent réseau de transport en commun (82)
Bike Score®
Un paradis pour les cyclistes (91)
TAXES FONCIÈRES
| Numéro de parcelle | 1-03-1-046-21 | Évaluation des aménagements | 322 376 € |
| Évaluation du terrain | 107 473 € | Évaluation totale | 429 849 € |
TAXES FONCIÈRES
Numéro de parcelle
1-03-1-046-21
Évaluation du terrain
107 473 €
Évaluation des aménagements
322 376 €
Évaluation totale
429 849 €
CONTACTS
-
Mart Martindale -
Claire Schmeltekopf -
Luke Cashman -
Wilson Stafford -
EDGE Capital Markets
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VIDÉOS
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
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703 Carondelet St
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