This is a unique opportunity to purchase a recently completed historic renovation project with great stabilized cash flow. 709 Jackson Avenue is an approximately 10,950 square foot three-story historic building that was completely renovated in 2014 into 12 luxury apartments. The units range from one to two bedroom apartments, plus one penthouse unit, with smart layouts, original historic qualities and modern amenities. The property was originally built as a synagogue for the Gates of Prayer congregation, which for many years was the oldest ongoing Jewish congregation in the Greater New Orleans area. The stunning renovation project was successful in keeping key aspects of the historic character of the building, such as the grand spiral staircase in the main entry, as well as the exposed joists, beams and brickwork throughout each unit. Modern amenities such as high-end stainless steel appliances, contemporary bathroom finishes, landscaped common areas blend seamlessly with the historic soul of the property. This versatile property will be attractive to a variety of investors. This could also be a great condominium conversion play!
Please contact Pat Browne III at 504.250.3059 for additional information or to schedule a showing.