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$2,800,000
113 Beds
- 65 Baths
65 full baths
62,685sqft
8019 Trapier Ave, New Orleans, LA 70127
$2,800,000
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Apartment
Built in 1981
$-- HOA
1.75 acres lot
$45/sq.ft
Description
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.
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1981
HOA Fees
-
Finished Area
62,685 sqft
Lot Size
1.75 acres lot
Basement Area
- sqft
MLS Name
New Orleans Metropolitan AOR (NOMAR) MLS
MLS Number
2517176
MLS Status
Active
Days on Market
113
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