8520 Chef Menteur Highway

    New Orleans, LA 70127
    • $2,050,000
    • STATUS: Active
    • ON SITE: 140 days
    • MLS #: 2125245
    UPDATED: 75 min ago
    $2,050,000
    • 0
      BEDS
    • 1.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 830
      SQFT
    • $2,470
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:
    Area:

    School Ratings & Info

    Description

    Constructed in the mid-1980s, Heritage House Apartments was purchased and renovated post-Hurricane Katrina and is stabilized. The subject was partially renovated utilizing Federal Low Income Housing Tax Credits, as allocated by the LA Financing Agency. In order to obtain LIHTC, ownership agreed to restrict rents on the property through Dec. 31, 2039. Please inquire with listing agents for additional information, including offering memorandum, copy of LIHTC Tax Credit Regulatory Agreement and financials.

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    Licensed in the State of Louisiana, USA.
    Turner Real Estate Group || (985) 626-1313 || Mandeville, LA.

    Terms & Conditions
    Listings Courtesy of Gulf South Real Estate Information Network. © 2018, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. Data last updated: 2018-02-17T22:34:38.033.
    www.localnorthshorerealestate.com/homes/77151210

    8520 Chef Menteur Highway New Orleans, LA 70127

    • Price: $2,050,000
    • Status: Active
    • Updated: 75 min ago
    • MLS #: 2125245
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.59
    Acres
    830
    SQFT
    $2,470
    $/SQFT
    1986
    Built
    Neighborhood:
    Not A Subdivision
    County:
    Orleans
    Area:
    New Orleans
    Property Description
    Constructed in the mid-1980s, Heritage House Apartments was purchased and renovated post-Hurricane Katrina and is stabilized. The subject was partially renovated utilizing Federal Low Income Housing Tax Credits, as allocated by the LA Financing Agency. In order to obtain LIHTC, ownership agreed to restrict rents on the property through Dec. 31, 2039. Please inquire with listing agents for additional information, including offering memorandum, copy of LIHTC Tax Credit Regulatory Agreement and financials.
    Exterior Features

    Car Storage Lot Dwelling Type Apartment Complex Exterior Brick Foundation Slab Lot Description 1-5 Acres Lot Size 80 X 386/382 Navigable YN No Roof Type AsphaltFlat Style Other

    Interior Features

    Air Conditioning Central Elevator No Heating Central Laundry Room Description Shared Room Count 4 Rooms Bedroom (Lower Level) Bedroom (Lower Level) Kitchen (Lower Level) Living (Lower Level) Total Bedrooms All Units 92 Total Full Baths All Units 46 Total Half Baths All Units 0

    Property Features

    Ada Features YN Yes Age Description Resale Age Description2 Renovated Cosmetic Changes Of At Least 50% Total Living Area - I.E. Paint Bounding Streets Chef Menteur Highway City Limit YN Yes Electricity Paid By Tenant Electricity Provided By Entergy Elevation Cert Available No Gas Paid By Owner Gas Type None Green Building Cert Attached No Lease Purchase Poss YN Yes Sewer Type City Sold As Is WOR Yes Sold With Covenants Restrictions No Subdivision Code Not A Subdivision Termite Contract Yes Third Party Reo Neither Water Paid By Owner Water Type Public Year Remodeled Renovated Or Built 2012

    Listing Courtesy of Gulf South Real Estate Information Network.


    Licensed in the State of Louisiana, USA.
    Turner Real Estate Group || (985) 626-1313 || Mandeville, LA.

    Terms & Conditions
    Listings Courtesy of Gulf South Real Estate Information Network. © 2018, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. Data last updated: 2018-02-17T22:34:38.033.
    Turner Real Estate Group
    111 N Causeway Blvd, Suite 101
    Mandeville LA, 70448