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$2,800,000
59 Days On Site
8019 TRAPIER AvenueNew Orleans, LA 70127
For Sale|Apartment|Active
113
Beds
65
Total Baths
65
Full Baths
62,685
SqFt
$45
/SqFt
1981
Built
County:
Orleans
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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.
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Listing Snapshot
Price
$2,800,000
Days On Site
59 Days
Bedrooms
113
Inside Area (SqFt)
62,685 sqft
Total Baths
65
Full Baths
65
Partial Baths
N/A
Lot Size
1.75 Acres
Year Built
1981
MLS® Number
2517176
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
Recent Activity
| 2 months ago | Listing first seen on site | |
| 2 months ago | Listing updated with changes from the MLS® |
General Features
Acres
1.75
Cross Street
Hayne, Dinkins
Foundation
Slab
Levels
Three Or More
Parking
Parking Lot
Property Sub Type
Apartment
Sewer
Public Sewer
Style
Traditional
Water Source
Public
Interior Features
Cooling
Central Air
Heating
Central
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Exterior Features
Exterior
Balcony
Lot Features
City Lot
Roof
FlatShingle
Listing courtesy of Bridgewater Realty Advisors, LLC
Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.
Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.
Neighborhood & Commute
Source: Walkscore
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