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$2,767,000
75 Days On Site

11900-50 LAKELAND Court
New Orleans, LA 70128

For Sale|Apartment|Active
62
Beds
46.5
Total Baths
31
Full Baths
31
Partial Baths
34,100
SqFt
$81
/SqFt
1980
Built
County:
Orleans

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11900-50 LAKELAND Court11900-50 LAKELAND Court11900-50 LAKELAND Court11900-50 LAKELAND Court
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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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Listing Snapshot
Price 
$2,767,000
Days On Site 
75 Days
Bedrooms 
62
Inside Area (SqFt) 
34,100 sqft
Total Baths 
46.5
Full Baths 
31
Partial Baths 
31
Lot Size 
1.46 Acres
Year Built 
1980
MLS® Number 
2522884
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
1.46
Cross Street 
Hayne, Wales
Foundation 
Slab
Levels 
Two
Parking 
DrivewayOff StreetParking Lot
Property Sub Type 
Apartment
Security 
Closed Circuit Camera(s)
Sewer 
Public Sewer
Style 
Traditional
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Central
Laundry Features 
Washer Hookup
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Exterior Features
Construction Details 
BrickVinyl Siding
Lot Features 
Cul-De-SacCity Lot
Roof 
Shingle
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.

Neighborhood & Commute
Source: Walkscore
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