All Forum Posts by: Brian Shamas

Two pair of 1bed/1bath units that can be converted into 4bed/2bath condos have recently been made available due to investor not submitting deposit in time. One pair equals $706,874 with an estimated $55k in renovations, totaling $761,874 while the other pair equals $667,826 with an estimated $55k in renovations, totaling $722,876. A conversion in the building appraised for over $1M. Average income in New Orleans for a 4 bedroom condo equals $160k, which the building has performed better than average in many instances. STR LICENSE IN PLACE & built-in management by Hosteeva. Some of the best things NOLA has to offer are within walking distance. These come fully furnished & boast high ceilings, hardwood floors, custom cabinets, stainless steel appliances, washer/dryer in unit. 24hr surveillance & security, access to fitness center & game room. Enjoy NOLA living or become an owner of a high-yielding, RARE STR property. These units will not last long.
CONTACT BRIAN SHAMAS FOR MORE INFORMATION 504-229-1335 
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The California Building at 1111 Tulane Ave. has a hotel license and all units inside can be STR. We’re also offering conversion opportunity, which turns two 1 bedroom condos into one 4 bedroom condo. One block from the French Quarter, it's the closest STR building to the French Quarter. These condos come fully furnished & boasts high ceilings, hardwood floors, custom cabinets, stainless steel appliances, washer/dryer in unit. 24hr surveillance & security, access to fitness center, game room, & public terrace. Enjoy NOLA living or become an owner of a high-yielding, RARE STR property.

Contact Brian Shamas for more info