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    OFF-MARKET
    Commercial real estate

    314-318 Robinson Ave, Marrero, LA 70072

    4,200 SF 0.09 ac lot Built 2002
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 12-unit multifamily property situated on a 0.09-acre lot at 314-318 Robinson Avenue in Marrero, Louisiana. The property encompasses three separate four-plex buildings, each offering twelve individual units. Each unit boasts one bedroom and one bathroom, equipped with brand new appliances including stoves and refrigerators. Individual units also feature window air conditioning units for tenant comfort. The property's substantial 4,200 square feet of space is complemented by a robust, recently replaced metal roof, installed within the last decade. This significant upgrade significantly reduces ongoing maintenance expenses and ensures long-term structural integrity. The property's location in the thriving Marrero area offers strong potential for rental income generation and future property value appreciation. This makes it an ideal acquisition for investors seeking to diversify their holdings and capitalize on the robust rental market. The asking price for this well-maintained, high-yield investment property is $700,000. This represents a compelling opportunity to secure a substantial return on investment in a desirable and growing market.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2002
    Total area 4,200 SF
    Lot 0.09 ac (3,920 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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