11900-50 LAKELAND CT New Orleans, LA 70128
62 Beds
46.5 Baths
34,100 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 34,100 sqft
Price per Sqft $81
MLS Listing ID 2522884
Style Traditional
Bedrooms 62
Full Baths 31
Half Baths 31
Construction Status Very Good Condition
HOA Y/N No
Year Built 1980
Lot Size 1.460 Acres
Acres 1.46
Property Sub-Type Apartment
Property Description
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.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Washer Hookup
Exterior
Parking Features Driveway, Off Street, Parking Lot
Water Access Desc Public
Roof Type Shingle
Building
Lot Description 1 to 5 Acres, Cul-De-Sac, City Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Construction Status Very Good Condition
Others
Tax ID per assessor
Security Features Closed Circuit Camera(s)
Special Listing Condition None
