Bywater STR Building

$2,600,000

THIS PROPERTY WAS GUTTED AND RENOVATED IN PHASES BEGINNING IN 2016. THE PROPERTY IS MASTER-LEASED TO A NATIONAL SHORT TERM RENTAL OPERATOR. THE LEASE AND FINANCIAL DETAILS CAN BE PROVIDED UPON QUALIFICATION OF THE BUYER AND UPON EXECUTION OF A CONFIDENTIALITY AGREEMENT. ZONING: HMC-1, HISTORIC MARIGNY/TREME/BYWATER COMMERCIAL DISTRICT. THE CAPITALIZATION RATE IS 7.77%.

Total SF – 13,874
Zoning – HMC-1
Lot Size – 7560

Listing ID: 1895f0b3c38f3a0f