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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

618 Rampart St New Orleans, LA 70112

14,000 SF Built 2018
Property ID
Property summary
AI-generated overview

This exceptional 2018-built property at 618 N Rampart St, New Orleans, LA 70112, presents a lucrative investment opportunity. The building encompasses 14,000 square feet and features five luxury apartments, each a three-story unit with three bedrooms and two and a half bathrooms. Units boast designer furnishings, floor-to-ceiling impact windows and doors opening onto private balconies on every floor. High-end finishes include hardwood floors, 11-foot ceilings in living areas, exposed brick accent walls, custom kitchens with quartz countertops and Bosch appliances, and master bathrooms featuring free-standing tubs, rain showers, and Kohler and Toto fixtures. The 9,012 square feet of net rentable space includes a ground-floor commercial storefront, adding significant versatility. Residents enjoy dedicated parking and a tranquil courtyard. The property is zoned VCC-2 and offers a blend of sophisticated living and prime New Orleans location. Asking price is $4,750,000. This is a unique opportunity to acquire a high-quality multifamily property with a valuable commercial component in a desirable New Orleans neighborhood.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2018
Total area 14,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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