600 WESTWOOD Drive, Marrero, LA 70072
- Added:
- Jun 25, 2026
- Days on Market:
- 13
- Last Refresh:
- Jul 7 at 2:06 pm
Property Features for 600 WESTWOOD Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Standard status
- Active
- APN
- 0420001951
- Size
- 4,100 SF
Taxes and HOA fees
- Tax Description
- LOT 1 BLOCK C WESTWOOD EXT #2
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1973
- Floors in Building
- 2
- Number of units
- 8
- Roof type
- Shingle
Listing agent Christy Murphy License #0000020349 (504) 908-5037
Listing office Homesmart Realty South 3131 N I-10 Service Rd, #101, New Orleans, LA (504) 908-7653
Listing date Jun 25, 2026
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied 8‑plex generating $6,680/month in rental income
- Additional revenue from on‑site coin‑operated laundry
- Year built: 1973
- Central heating and central air conditioning
- Public water service
- Shingle roof and driveway parking
Overview
The property is located at 600 Westwood Drive in Marrero, Louisiana, in Jefferson Parish. It is described as being conveniently positioned just off the Westbank Expressway, providing easy access to shopping, dining, and major employers.
For investors or operators seeking a stabilized, income-oriented multifamily asset, this 8-plex is presented as an immediately usable acquisition with existing tenants in place. The combination of unit rent and on-site coin laundry can support diversified revenue within a single property. Because the property is marketed as turnkey and currently occupied, it may reduce the upfront disruption associated with tenanting and operations, while buyers can evaluate the stated rent positioning for themselves as part of underwriting.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.1k | $20.52 |
| − Vacancy | −$7.7k | −$1.87 |
| EGI | $76.5k | $18.65 |
| − OpEx | −$34.4k | −$8.39 |
| NOI | $42.1k | $10.26 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Marrero
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.125239
- Latitude
- 29.895474
