1 /
1
Map
$1,124,327*
●
Commercial -
Off Market
1800 Oretha Castle Haley Blvd.
New Orleans, LA 70113
Studio
3 Baths
6618 Sqft
$900,000 - $1,098,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Great opportunity for 1031 exchange. Cap rate 7%. Mixed-use
commercial building in Opportunity Zone. HU-MU zoning. X Flood
zone! Restaurant on 1st floor; 3 2BR/1 bath apartments on 2nd
floor. Restaurant has long term lease w/ escalating rent & NNN.
100% occupancy, no vacancy. Located on the corner of Felicity St
and OCH Blvd, Central City's main street, this historic beauty is
just 3 blocks from St. Charles Ave, convenient to the CBD and the
Garden District. Lots of new development happening! Come be a part
of it!GOI $107,500. NOI $69,918. Cash flow before taxes annually
$8326. Escalating rents. Cap rate 7%. 100% occupancy, no vacancy.
After tax IRR 14.38%. Current insurance is $9,817.11. Projected
taxes $14,500 annually. All units metered separately. Do not
approach tenants! CALL OR TEXT ADELE FOR A PRIVATE SHOWING
. Also listed on LACBD # 30568696.
The manager has listed the unit size as 6618 square feet.
The manager has listed the unit size as 6618 square feet.
Unit Size
6,618Ft²
Days on Market
-
Land Size
-
Price per sqft
$151
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1920
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 21, 2021 | In contract | - | |
| In contract | |||
| Mar 4, 2021 | Listed | $1,200,000 | |
| Listed | |||
| Sep 6, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
1800 Oretha Castle Haley Blvd.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Move, Inc., Move Sales, Inc., Opcity, Inc., realtor.com, and their network of service providers, about your inquiry and other home-related matters, but not as a condition of any purchase. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list.
By proceeding, you agree to our Terms of Service.
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
3
Beds
3.5
Baths
2,835 ft²
$352/ft²
$999,000
Sep 27, 2022
-
$500/mo
Active
Multifamily
5
Beds
4.5
Baths
2,894 ft²
$302/ft²
$874,000
Sep 26, 2022
-
-
Active
House
2
Beds
2
Baths
1,931 ft²
$466/ft²
$899,000
Oct 18, 2022
-
$1,252/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
03/04/2021
|
|
Loft
|
3 Bath
|
6618 ft²
|
$1,200,000
Loft
3 Bath
6618 ft²
|
-
-
|
-
|
Adele Borie
Keller Williams - New Orleans
|
Building Info
1800 Oretha Castle Haley Boulevard
1800 Oretha Castle Haley Boulevard, New Orleans, LA 70113
About Central City - Garden
Similar Homes for Sale
$899,000
- 2 Beds
- 2 Baths
- 1,931 ft²
$874,000
- 5 Beds
- 4.5 Baths
- 2,894 ft²
Nearby Rentals
$8,700 /mo
- 3 Beds
- 2.5 Baths
- 3,000 ft²
$9,000 /mo
- 3 Beds
- 3 Baths
- 1,951 ft²
