FOR SALE BULK SALE OF 32 CONDOMINIUM UNITS SLIDELL, LA

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1 FOR SALE BULK SALE OF 32 CONDOMINIUM UNITS SLIDELL, LA PRICE: $3,500,500 Exceptionally well located between Pontchartrain Blvd. and Old Spanish Trail makes it an easy location for commuters Convenient access to I-10, I-12 and Hwy. 11 Lovely wooded areas with lush landscaping & manicured grounds Gated community with controlled access Walking distance to Fritchie Park Minutes to shopping, golf courses and Lake Pontchartrain Convenient car wash area with vacuum FOR MORE INFORMATION CONTACT: CHRIS TALBOT (504)

2 PRO-FORMA PROFIT & LOSS: GROSS POTENTIAL INCOME: $469,680 LESS: VACANCY & CREDIT LOSS (5%): $23,484 EFFECTIVE RENTAL INCOME: $446,196 LESS: OPERATING EXPENSES: REAL ESTATE TAXES: ($34,355) CONDO FEES: ($104,764) MANAGEMENT: ($33,000) REPAIRS & MAINTENANCE: ($22,784) TOTAL OPERATING EXPENSES: ($194,883) NET OPERATING INCOME: $251,313

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4 H 2101-H H RF 6203-R CLUBHOUSE POOL SPARTAN DRIVE CASTLE ESTATE CHATEAU

5 UNIT INTERIORS UNIT DETAILS & AMENITIES: OPEN AIRY FLOOR PLANS GROUND LEVEL ENTRANCE WITH PORCH NATURAL LIGHTING & CATHEDRAL CEILINGS PRIVATE ATTACHED GARAGES WITH DIRECT ACCESS TO YOUR HOME MULTIPLE STORAGE SPACE SPACIOUS BALCONIES AND PATIO SPACE WALK-IN CLOSETS & SEPARATE LAUNDRY ROOM ALL APPLIANCES INCLUDING WASHER/ DRYER COME WITH PURCHASE The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. 747 Magazine St. Unit 7 New Orleans, LA USA P: F Talbot Realty Group is a Real Estate Brokerage licensed in the State of Louisiana, U.S.A. Robert E. Talbot, Broker and Thomas Lewis, Salesperson are also licensed in the State of Mississippi, U.S.A. FEB 15

6 CLUBHOUSE DETAILS & AMENITIES Large bar and living area great for private parties Soaring ceilings and windows compliment a great room Great room includes cozy couches, recliners and tables Fireplace right underneath a beautiful big screen television Business center: computers, internet, fax/printer & more Dining area right by the fireplace and big screen Large pool w/ Jacuzzi & covered patio w/ vending machines Fitness facility with T.V. overlooking pool & patio On-site property management The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. 747 Magazine St. Unit 7 New Orleans, LA USA P: F Talbot Realty Group is a Real Estate Brokerage licensed in the State of Louisiana, U.S.A. Robert E. Talbot, Broker and Thomas Lewis, Salesperson are also licensed in the State of Mississippi, U.S.A. FEB 2015

7 BLDG # UNIT # TYPE SQUARE PERCENTAGE CONDO FOOTAGE INTEREST DUES H Estate $ Castle $ H Estate $ Castle $ Castle $ Estate $ Castle $ Castle $ H Estate $ Castle $ Castle $ Estate $ Castle $ Castle $ Estate $ RF Estate $ Castle $ R Castle $ Chateau $ Estate $ Castle $ Castle $ Chateau $ Chateau $ Estate $ Castle $ Castle $ Estate $ Castle $ Castle $ Estate $ Castle $ rsf $8, H F R HANDICAP FURNISHED RENOVATED CHATEAU 2nd Floor ESTATE 1st Floor CASTLE 2nd Floor

8 THE ESTATE 1,264 SQUARE FEET

9 THE CHATEAU 1,073 SQUARE FEET

10 THE CASTLE 1,337 SQUARE FEET