šŸ  321-325 S BENGAL Road, River Ridge, LA, 70123 MLS Sale Listing

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$1,350,000
50 Days On Site

321-325 S BENGAL Road
River Ridge, LA 70123

For Sale|Apartment|Active
26
Beds
16
Total Baths
16
Full Baths
6,429
SqFt
$210
/SqFt
1980
Built
County:
Jefferson
Call Now: (504) 517-6533
Is this the listing for you? We can help make it yours.
(504) 517-6533
321-325 S BENGAL Road321-325 S BENGAL Road321-325 S BENGAL Road321-325 S BENGAL Road
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Monthly Payment (Est.)

$6,159
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9% cap on actuals, one vacancy when filled brings property to 10% cap. Over $250,000 in renovation work completed in past year including all new underground plumbing, interior renovations to ~3/4 of units including flooring, Sheetrock, paint, appliances, complete bathroom renovations, etc. Metal roof in great shape with all new screws and foam. New shed for maintenance storage. Security cameras. 15/16 units occupied leaving room to grow rent roll and increase value. Gross monthly rents currently over $17k/month, will be over $18k/month at 100% occupancy. All vouchers are 1 bedroom which leaves even more room to increase cash flow by getting the 10 2 bedrooms up to 2 bedroom vouchers. All financials in attachments. Agent/Owner

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Listing Snapshot
PriceĀ 
$1,350,000
Days On SiteĀ 
50 Days
BedroomsĀ 
26
Inside Area (SqFt)Ā 
6,429 sqft
Total BathsĀ 
16
Full BathsĀ 
16
Partial BathsĀ 
N/A
Lot SizeĀ 
N/A
Year BuiltĀ 
1980
MLSĀ® NumberĀ 
2547424
StatusĀ 
Active
Property TaxĀ 
N/A
HOA/Condo/Coop FeesĀ 
N/A
Sq Ft SourceĀ 
N/A
Friends & Family
Recent Activity
4 weeks agoPrice changed to $1,350,000
4 weeks agoListing updated with changes from the MLSĀ®
2 months agoStatus changed to Active
2 months agoListing first seen on site
General Features
Cross StreetĀ 
Jefferson Highway
FoundationĀ 
Slab
LevelsĀ 
Two
ParkingĀ 
Off Street
Property Sub TypeĀ 
Apartment
SecurityĀ 
Closed Circuit Camera(s)
SewerĀ 
Public Sewer
StyleĀ 
Other
Water SourceĀ 
Public
Interior Features
CoolingĀ 
Window Unit(s)
HeatingĀ 
Window FeaturesĀ 
Screens
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Exterior Features
Construction DetailsĀ 
Block
Lot FeaturesĀ 
City LotRectangular Lot
Pool FeaturesĀ 
None
RoofĀ 
Metal
Windows/DoorsĀ 
Screens
Listing courtesy of Bridgewater Realty Advisors, LLC

Copyright Ā© 2017-present, New Orleans Metropolitan Association of REALTORSĀ®, 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.

Neighborhood & Commute
Source: Walkscore
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