2222 FLORIDA Avenue, Kenner, LA 70062
- Added:
- Aug 12, 2025
- Days on Market:
- 304
- Last Refresh:
- Jun 11 at 5:06 pm
Property Features for 2222 FLORIDA Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-2
- Parking features
- Assigned
- Standard status
- Active
- APN
- 0920022450
- Size
- 6,572 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Description
- LOTS 13 THRU 17 & 7.5' ALLEY SQ 458 HIGHWAY PK
Utilities
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 1
Listing agent Amanda Miller License #995687438 (504) 302-4610
Listing office Amanda Miller Realty, LLC 300 W Judge Perez Drive, Chalmette, LA (504) 302-4610
Listing date Aug 12, 2025
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
- Strong Rental Income Potential: 9‑unit multifamily property in a thriving rental market.
- High Occupancy & Cash Flow: 7 of 9 units occupied, generating $7,750 in monthly rent.
- Convenient Location: Close to major thoroughfares, shopping, dining, and the New Orleans International Airport.
- Functional Unit Design: Each unit features a desirable 2 bedroom, 1 bathroom layout with individual entrances.
- On‑Site Parking: Assigned parking spaces provide added convenience for residents.
- Separate Utilities: Individual gas, water & electric meters for each unit.
Overview
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 | $134.9k | $20.52 |
| − Vacancy | −$12.3k | −$1.87 |
| EGI | $122.6k | $18.65 |
| − OpEx | −$55.2k | −$8.39 |
| NOI | $67.4k | $10.26 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kenner
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.242248
- Latitude
- 29.997448