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Map
$884,000 - $1,080,000
●
Commercial -
Off Market
2808-2814 PHILIP Street
New Orleans, LA 70113
Studio
0 Bath
6052 Sqft
About This Property
Offered for sale is a newly constructed (2021) 4-unit complex that
is leased to PadSplit - the leading operator of shared workforce
housing. Occupants are members and pay a weekly fee to
PadSplit to occupy a bedroom on a long-term basis. The
operating lease has approximately 3.5 years remaining on the
initial term and can be cancelled by the owner with 30 days noticed
at any time. Historic expenses and revenue are summarized
below.
The manager has listed the unit size as 6052 square feet.
The manager has listed the unit size as 6052 square feet.
Unit Size
6,052Ft²
Days on Market
-
Land Size
-
Price per sqft
$162
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2024 | No longer available | - | |
| No longer available | |||
| Apr 8, 2023 | Price Decreased |
$982,500
↓ $13K
(1.3%)
|
|
| Price Decreased | |||
| Sep 29, 2022 | Price Decreased |
$995,000
↓ $155K
(13.5%)
|
|
| Price Decreased | |||
| Jun 24, 2022 | Listed | $1,150,000 | |
| Listed | |||
Property Highlights
2808-2814 PHILIP Street
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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
Multifamily
5
Beds
4.5
Baths
2,832 ft²
$388/ft²
$1,100,000
Jul 29, 2022
-
-
Active
House
2
Beds
2
Baths
1,753 ft²
$599/ft²
$1,050,000
Mar 1, 2023
-
$543/mo
Active
House
2
Beds
2
Baths
1,931 ft²
$414/ft²
$799,000
Oct 18, 2022
-
$1,252/mo
Active
House
3
Beds
2
Baths
1,358 ft²
$718/ft²
$975,000
Mar 10, 2023
-
$800/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
2808 Philip Street
2808 Philip Street, New Orleans, LA 70113
- 1 Unit for Sale
About Central City - Garden
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$975,000
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Nearby Rentals
$8,900 /mo
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