$4,450,000
- 120 Beds
- 90 Baths
- 57,600 Sq Ft
1205 Mehle St, Arabi, LA 70032
8.27% cap rate on actual NOI! 10.71% pro forma cap rate. 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 100% occupied, providing a solid, stable income stream. $54,525 per month gross income - far exceeds 1% rule. Recent market rent comparables indicate that
Mason McCullough
Bridgewater Realty Advisors, LLC
1205 Mehle St, Arabi, LA 70032