LA > New Orleans
New Orleans, LA 70127,8019 TRAPIER AVE
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New Orleans, LA 70127,8019 TRAPIER AVE
New Orleans, LA 70127,8019 TRAPIER AVE
New Orleans, LA 70127,8019 TRAPIER AVE
New Orleans, LA 70127,8019 TRAPIER AVE
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Pennant Real Estate

Pennant Real Estate

+1(225) 663-2112
$ 2,800,000
Est. payment /mo
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Active

8019 TRAPIER AVE New Orleans, LA 70127

113 Beds

65 Baths

62,685 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 62,685 sqft

Price per Sqft $44

MLS Listing ID 2517176

Style Traditional

Bedrooms 113

Full Baths 65

Construction Status Average Condition

HOA Y/N No

Year Built 1981

Lot Size 1.750 Acres

Acres 1.75

Property Sub-Type Apartment

Property 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.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Exterior Feature Balcony

Parking Features Parking Lot

Water Access Desc Public

Roof Type Flat,Shingle

Porch Balcony

Building

Lot Description 1 to 5 Acres, City Lot

Entry Level Three Or More

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Three Or More

Construction Status Average Condition

Others

Tax ID 39W000632

Special Listing Condition None

Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Bridgewater Realty Advisors, LLC
Pennant Real Estate

Pennant Real Estate

Broker

+1(225) 663-2112

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