301 Teal Court Mandeville, LA
$ 1,195,000
Property Attributes
  • MLS#2160926
  • TypePending
  • CityMandeville
  • NeighborhoodGrnl Trace
  • Zip70448
  • StyleContemporary
  • Price$ 1,195,000
  • Bedrooms24
  • Full Bathrooms24
  • Half Bathrooms0
  • Sqr Footage15216
  • Lot Size1.44 Acres
Listing Provided Courtesy Of:
The McEnery Company
Property Description

The Teal Court Apartments comprise a very well located, and rare opportunity to acquire a stabilized and fully occupied apartment property in the heart of Mandeville. The campus includes 3 buildings, each containing 4 units per building. Every unit is a 2 bedroom / 2 bathroom floor plan with a total net living area of 1,268 SF per unit and rent is $800 to $1000/month. Each unit includes two (2) off-street parking spaces. Current gross income is $129,600 per annum. Excellent opportunity for improvement.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
6/19/2018 Listed $1,195,000

General Features

Electricity Paid By Tenant
Electricity Provided By Entergy
Lot Number 48-50
Style Contemporary
Subdivision Grnl Trace
Third Party REO Neither
Total Rent All Units 10800
Water Paid By Tenant

Interior Features

A/C Central
Gas Paid By Tenant
Gas Type Butane
Heating Central
Laundry Room Description w/d in units
Total Units 12
Unit Count 12

Exterior Features

Car Storage Off Street Parking
Dwelling Type Apartment Complex
Exterior Wood Siding
Foundation Slab
Lot Description 1-5 Acres
Lot Size 156x118
Roof Type Shingle
Sewer Type City
Water Type Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 70448

AVG $330K
AVG 288
Year Built
AVG 1992
AVG 21

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