$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.
Listed By
Agency Name: Bridgewater Realty Advisors, LLC
Agency Phone: (504) 901-0463
Shown By
Agent Name: Wendy Benedetto
Agent Phone: (504) 382-7492
Agency Title: Wendy Benedetto, LLC
Wendy Benedetto, LLC Wendy Benedetto (504) 382-7492
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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 $2,610,000. Search New Orleans real estate on wendybenedetto.wendybenedetto.com today.