Nicholas LaHaye
REALTOR®
BEDS62
BATHS31 full 31 partial
MLS#2522884
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
PRICE REDUCTION! $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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Traditional
Lot Size: 1.46 Acres
Year Built: 1980
Feature Descriptions
Days on Site: 8
Exterior: Brick, Vinyl Siding
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Cul-De-Sac
Lot Dimensions: 1.46
Parcel#: per assessor
Parking: Driveway, Off Street, Parking Lot
Parking Notes: Driveway, Off Street, Parking Lot
Security: Closed Circuit Camera(s)
Sewer: Public Sewer
Units: 31
Utilities: Natural Gas Not Available
Water: Public
Listed By / Shown By
Listed By
Agency Name: Bridgewater Realty Advisors
Agency Phone: 504-901-0463
Shown By
Agent Name: Nicholas LaHaye
Agent Phone: (601) 916-5580
Agency Title: Wurth Real Estate Services
Estimate Your Payment
Estimated Payment
$ 6,167.22 per month $5,452.64 Principal & Interest $0.00 Property Tax (data not provided by mls) $714.58 Homeowner's InsuranceChange Payment Information
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11900-50 Lakeland Court | MLS# 2522884
This multi-family property located at 11900-50 Lakeland Court , New Orleans, LA 70128 is currently listed for sale with an asking price of $2,450,000. Search New Orleans real estate on nicholaslahaye.wurthre.com today.