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$3,700,000

Commercial|

MLS# 2188374

List Price
$3,700,000
List Date
01/23/2019
Status
Active
Type
Commercial
MLS#
2188374

Description

The Marina Motel in Chalmette offers its guests access to all the attractions New Orleans has to offer, but with the added local landscape of the famed sportsman's paradise that is Louisiana, and its bountiful bayous and thriving marshlands. The motel offers an exceptional opportunity for an investor/owner occupant to acquire a cash flowing property with strong upside potential.

Location

Parish
St. Bernard
In City Limit
Yes

Details

General Information

Age Description
Resale
Age
20
Approximate Measurement
No
Zoning
A-1
Term Contract
Yes

Other Features

Sold As Is WOR
Yes
Waterfront
No
American Disability Access
Yes
Common Area Maintenance Paid By
No
Green Certification
No

Financial Information

Lease Purchase
No
Owner May Finance
No
Bond For Deed
No
Foreclosure
No

Utilities

Electric
Entergy
Gas
Natural
Sewer
City
Water
Public

Exterior

Lot Size
n/a
Dock
No

Listing Courtesy of Coldwell Banker TEC, REALTORS

Bounding Streets

paris road


Map and Points of Interest

Select a Point of Interest and Radius from the form above.

Metro New Orleans Southshore

School Information

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**Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

***Assessments are monthly fees such as Home Owners Association(HOA) Fees etc...

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