Description
Offered for sale is a newly constructed (2021) 4-unit complex that is leased to PadSplit - the leading operator of shared workforce housing. Occupants are members and pay a weekly fee to PadSplit to occupy a bedroom on a long-term basis. The operating lease has approximately 3.5 years remaining on the initial term and can be cancelled by the owner with 30 days noticed at any time. Historic expenses and revenue are summarized below.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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6,052SQFT
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$164$/SQFT
School Ratings & Info
Description
Offered for sale is a newly constructed (2021) 4-unit complex that is leased to PadSplit - the leading operator of shared workforce housing. Occupants are members and pay a weekly fee to PadSplit to occupy a bedroom on a long-term basis. The operating lease has approximately 3.5 years remaining on the initial term and can be cancelled by the owner with 30 days noticed at any time. Historic expenses and revenue are summarized below.
Broker and Associates are licensed in the State of Louisiana, USA.
Robin Realty Mandeville La. Licensed in Louisiana || 985-778-2525 || Covington, LA.
Terms & Conditions
© 2023 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Robin Realty Mandeville La. Licensed in Louisiana. Data last updated: 2023-03-25T21:34:20.89.
Listing courtesy of Gulf South Real Estate Information Network.