Rare Investment Portfolio in Coveted Old Mandeville! Incredible opportunity to own 1 or10 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 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 per month, 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 do a Bond for deed... Seller willing to sell in parts as well: 10 units- $1,700,000/ ....single units - $185,000/ building 7 $538,000 building 11- $538,000 building 9 - $700,000 Condos for sale: 7ABC, 9ABCD, 11ABC Contact Listing agent for showings! ALL are currently occupied with leases!

Last Updated	5/19/2025	Tract	Not a Subdivision
Year Built	1968	County	St Tammany

Additional Details

AIR	Central Air
AIR CONDITIONING	Yes
AMENITIES	Water
APPLIANCES	Dryer, Microwave, Oven, Range, Refrigerator, Washer
CONSTRUCTION	Stucco
EXTERIOR	Dock
HEAT	Central
LOT DESCRIPTION	City Lot, Waterfront
LOT DIMENSIONS	condo
PARKING	Off Street
POOL DESCRIPTION	Community
SEWER	Public Sewer
STORIES	2
SUBDIVISION	Not a Subdivision
WATER	Public
WATERFRONT	Yes
WATERFRONT DESCRIPTION	Waterfront, Lake

Location

 

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