šŸ  11900-50 LAKELAND Court, New Orleans, LA, 70128 MLS Sale Listing

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$2,610,000
157 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
$77
/SqFt
1980
Built
County:
Orleans
Call Now: (504) 517-6533
Is this the listing for you? We can help make it yours.
(504) 517-6533
11900-50 LAKELAND Court11900-50 LAKELAND Court11900-50 LAKELAND Court11900-50 LAKELAND Court
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Monthly Payment (Est.)

$11,908
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$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.

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Listing Snapshot
PriceĀ 
$2,610,000
Days On SiteĀ 
157 Days
BedroomsĀ 
62
Inside Area (SqFt)Ā 
34,100 sqft
Total BathsĀ 
46.5
Full BathsĀ 
31
Partial BathsĀ 
31
Lot SizeĀ 
1.46 Acres
Year BuiltĀ 
1980
MLSĀ® NumberĀ 
2522884
StatusĀ 
Active
Property TaxĀ 
N/A
HOA/Condo/Coop FeesĀ 
N/A
Sq Ft SourceĀ 
Assessor
Friends & Family
Recent Activity
4 weeks agoPrice changed to $2,610,000
4 weeks agoListing updated with changes from the MLSĀ®
5 months agoListing first seen on site
General Features
AcresĀ 
1.46
Cross StreetĀ 
Hayne, Wales
FoundationĀ 
Slab
LevelsĀ 
Two
ParkingĀ 
DrivewayOff StreetParking Lot
Property Sub TypeĀ 
Apartment
SecurityĀ 
Closed Circuit Camera(s)
SewerĀ 
Public Sewer
StyleĀ 
Traditional
Water SourceĀ 
Public
Interior Features
CoolingĀ 
Central Air
HeatingĀ 
Central
Laundry FeaturesĀ 
Washer Hookup
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Exterior Features
Construction DetailsĀ 
BrickVinyl Siding
Lot FeaturesĀ 
Cul-De-SacCity Lot
RoofĀ 
Shingle
Listing courtesy of Bridgewater Realty Advisors, LLC

Copyright Ā© 2017-present, New Orleans Metropolitan Association of REALTORSĀ®, 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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