Situated in the heart of the New Orleans East neighborhood, this 65-unit apartment complex offers a prime workforce and affordable housing investment opportunity with substantial value-add potential. The portfolio consists of two well-positioned properties: 8019 Trapier, encompassing 48 units, and 9500 Hayne, comprising 17 units. The buildings can be purchased together or separately as a 48 and 17 unit complex. Will produce over $60,000 per month in gross rental income once fully leased and stabilized.
Active
Price increase: $400K (8/15)
$2,800,000
8019 Trapier Ave, New Orleans, LA 70127
113beds
62,685sqft
Est.:
Multi Family, Apartment
Built in 1981
-- sqft lot
$-- Zestimate®
$45/sqft
$-- HOA
What's special
- 69 days |
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