4520 DOWNMAN Road, New Orleans, LA 70126

100% occupied, cash flow positive with land to add value in the way of new improvements or immediate start storing equipment or vehicles. Sale includes three residential units and three commercial units.  Zoned Light Industrial with many permitted uses.  Current commercial tenant mix: Phone store, Hair Salon, and Nail Salon.  They are all long term.  Phone store operator signed a new lease recently with escalations. Hair salon and Nail salon operators are month to month.  Property has over 20,000 sq/ft gravel lot located in the rear of structures.  The buildings have newer roofs, all have central air/heat.  Some appliances are included in sale.  Residential units have been HANO approved for many years.