Listed by NAI Rampart
$2,500,000
Fleur De Lis Apartments
Details
APN 716522601; 716522603
Property Type Multifamily
Sub Type Apartment Building, Low Rise
Square Footage 18,000
Units 30
Occupancy 80%
Price per SqFt $139
Broker Co-Op Yes
Class B
Year Built 1970-1972
Buildings 2
Stories 2
Acreage 0.264
Zoning MF,S-LRM1
Parking Spaces 41 spaces
Parking Per SqFt 2.28
Investment Type Stabilized
Occupancy Date 01/05/2025
Ownership Fee Simple
Multifamily | 30 Units
Marketing description
NAI Rampart is pleased to present a 30-unit multifamily investment opportunity at 6564 & 6574 Fleur De Lis Dr., New Orleans, LA. This well-maintained property features 30 one-bedroom, one-bathroom units, currently leasing around $1,000, a strong occupancy rate and an upside to increase rents. Situated in a quiet residential community, it offers tenants a peaceful setting with easy access to major retailers, dining, and employment hubs. With a stable cash flow and a prime location, this is a turnkey opportunity for investors looking to expand their portfolio.
Investment highlights
- Quality finishes within all of the units, making it easy to maintain and turn units while still offering the next owner the opportunity to upgrade the units to their standards.
- All units are 1 Bed/1 Bath
- A large urban population of 420,000 people is within a fifteen-minute drive from the property
- Interior walk-ups provide an added sense of security and peace of mind for tenants.
- Interior, on-site laundry rooms.
- Convenient access to local amenities, schools, and shopping centers, enhancing its tenant appeal.
- Quiet community surrounded by residential neighborhood with easy access to major retail arteries.
Listing Contacts
Listed by NAI Rampart
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