Back to listing

Full details for Other For Sale in New Orleans, Louisiana

Photos

1/23
Property photo 1
2/23
Property photo 2
3/23
Property photo 3
4/23
Property photo 4
5/23
Property photo 5
6/23
Property photo 6
7/23
Property photo 7
8/23
Property photo 8
9/23
Property photo 9
10/23
Property photo 10
11/23
Property photo 11
12/23
Property photo 12
13/23
Property photo 13
14/23
Property photo 14
15/23
Property photo 15
16/23
Property photo 16
17/23
Property photo 17
18/23
Property photo 18
19/23
Property photo 19
20/23
Property photo 20
21/23
Property photo 21
22/23
Property photo 22
23/23
Property photo 23

Description

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. Back to listing
arrow