11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo
11900-50 Lakeland Court, New Orleans, LA 70128 Photo

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11900-50 Lakeland Court New Orleans, LA 70128
$2,610,000
Active / MLS# 2522884 / Multi Unit - Multiple / New Orleans
62 Beds
31 Baths
31 Half Baths
34100 SqFt

$32,070 per month actual gross rental income! Price reduction! Lakeland Manor is a portfolio of eight (8) adjacent fourplex apartment buildings totaling 31 units, ideally located in a quiet cul-de-sac off Bullard Avenue in New Orleans East all situated within immediate proximity, creating a cohesive and easily managed community. An additional 4plex located at 8017 Bullard next door is also for sale for total of 35 units. Each building is a well-maintained two-story fourplex offering spacious floorplans and consistent rental demand. The layout of the portfolio, clustered around Lakeland Court with frontage on Bullard Avenue, provides operational efficiency for leasing, management, and maintenance. All buildings benefit from strong physical condition and stabilized occupancy with upside potential through rent growth. This portfolio offers a turnkey investment in a stable, income-producing multifamily asset ideally suited for both seasoned multifamily investors seeking a reliable return profile and investors looking to scale quickly in a proven submarket.

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Estimated Payment

$ 6,561.25 per month $5,800.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $761.25 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Apartment, Traditional
Lot Size: 1.46 Acres
Roof Type: Shingle
Stories: 2.0

Feature Descriptions

Days on Site: 208
Exterior: Brick, Vinyl Siding
Laundry: Washer Hookup
Lot: 1 to 5 Acres, Cul-De-Sac, City Lot
Lot Dimensions: 1.46
Parking: Driveway, Off Street, Parking Lot
Property Condition: Very Good Condition
Security: Closed Circuit Camera(s)
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Bridgewater Realty Advisors, LLC
Agency Phone: (504) 901-0463

Shown By

Agency Title: John Weil Realty, LLC
Agency Phone: 504-512-6339

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