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$1,200,000
170 Beds
- 87 Baths
87 full baths
78,100sqft
6711-6817 Tara Ln, New Orleans, LA 70127
$1,200,000
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Multi Family
Built in 1986
$-- HOA
-- sqft lot
$15/sq.ft
Description
Plaza Park Apartments is a 78-unit, Class C multifamily community offered at $1,200,000 — representing one of the most compelling deep-value-add acquisition opportunities currently available in the greater New Orleans market. Situated on 2.77 acres in the West Lake Forest submarket of New Orleans East, the property comprises approximately 98,710 gross square feet with 76,100 rentable square feet across a mix of one-, two-, and three-bedroom units. The site is zoned S-RM2 (Suburban Multifamily) and is not located within a designated FEMA flood zone. Originally constructed in 1986, the asset has experienced significant deferred maintenance following foreclosure and is pric...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1986
HOA Fees
-
Finished Area
78,100 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
New Orleans Metropolitan AOR (NOMAR) MLS
MLS Number
2554011
MLS Status
Pending
Days on Market
55
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