Description
Rare Investment Portfolio in Coveted Old Mandeville!
Incredible opportunity to own 10 fully leased condos in the heart of historic Old Mandeville! Each unit features a 2-bedroom, 1.5-bathroom layout with a consistent floorplan and desirable waterfront access. This turnkey package includes four boat slips and access to community amenities such as pools and common areas.
All units are currently 100% occupied, providing immediate cash flow with leases in place. HOA dues are $530 per unit, covering maintenance, wind, hail, flood and general liability insurance and community features. Whether you’re expanding your portfolio or launching a real estate investment business, this package delivers instant income in a high-demand area.
Rent rolls available upon request. Don’t miss this rare chance to invest in a thriving lakeside community!
Seller willing to sell in parts as well:
10 units- $1,550,000/
....single units - $165,000/
Conventional FINANCING AVAILABLE!!
Location
Listed By
Listing Agent
Jennifer Schaff-Mutter
Compass Mandeville (COMP15)
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