$4,550,000
- 120 Beds
- 90 Baths
- 57,600 Sq Ft
1205 Mehle St, Arabi, LA 70032
The Arabi Townhomes is a well-maintained 60-unit apartment community located at 1205 Mehle St in Arabi, LA. Offering 60 spacious two-bedroom, 1.5-bathroom units, this property is 97% occupied, providing a solid, stable income stream. With a current cap rate of 7.14% on actuals and an impressive 9.45% on year 2 pro forma numbers, The Arabi Townhomes presents a strong investment opportunity.
Mason McCullough
Bridgewater Realty Advisors, LLC
1205 Mehle St, Arabi, LA 70032