Property details

Louisiana Class A Multifamily For Sale, Southeast Region

Property Description

Off-Market Opportunity.

Appraised at $40M Prior To Construction! ~300 units.

Brand New Construction.

Located in a major City.

Rich, Type A Property.

Currently ~45% leased up and rising rapidly!

Now is the time to get in early!

Estimated full absorption expected in about 5 months at which time this asset should be already sold.

As a first step, the owner requires that any interested buyer must provide first sign a NDA (we will prepare) and provide BIO that will show the buyer's ability to close. Upon review and approval by the owner, additional due diligence information will be released.






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Highlights

Status:
Available
Price:
$40,000,000
 

Property Information

Property Type:
Apartments
Industry Type:
Apartment - Multifamily
Units/Spaces:
300
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.