251 Barry Ave Jefferson, LA 70121

Bridgewater Realty Advisors is excited to present a unique opportunity to acquire a turn key apartment complex situated in a neighborhood with stable rental demographics. This property is located off Jefferson Highway walking distance from Ochsner Medical Campus. The complex features a flat roof and an on-site parking lot. Complex also contains a laundry room in one of the units. The complex is approximately 97% occupied at an average monthly rate of $865 per month, with significant upside in rent of at least $950 per door. The proximity to the Ochsner Medical Campus on Jefferson Highway provides an excellent tenant pool as well as supports a strong property value for future appreciation. This property is best suited for those looking to have a low maintence, low turnover cash flowing asset with strong holding power. Considering the current economic climate, there is a pressing and continuous need for housing units in this market. Don't miss this opportunity to be a part of meeting that demand.