117 Unit Multifamily Out of State
Investment Highlights
New Orleans 117-unit Class C garden style apartment. Fully occupied, well maintained with consistent unit turnover. FM rents. Gross income $1.0M+, NOI ~ $575K. Asking: $7.5M. (8% Cap) Negotiable
Location
📍 Out of State
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Who finances deals like this
The lenders with the most recorded multifamily mortgages since 2021, from public ACRIS filings.
- JPMORGAN Chase Bank, N.a. — 6,249 loans, typically $85K–$799K
- Citizens Bank NA — 3,374 loans, typically $126K–$660K
- TD Bank NA — 2,670 loans, typically $117K–$500K
- Rocket Mortgage, LLC — 2,561 loans, typically $140K–$528K
- United Wholesale Mortgage, LLC — 2,526 loans, typically $420K–$849K
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Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
