Rare Bourbon St Multifamily
Multifamily | 9 Units
Marketing description
Located in the heart of the world-famous French Quarter, 807 Bourbon Street presents a rare opportunity to acquire a stabilized multifamily asset on one of New Orleans' most recognizable and sought-after corridors.
The property consists of nine one-bedroom apartment units totaling approximately 3,228 square feet, offering an efficient unit mix that has consistently demonstrated strong rental demand. With 7 of the 9 units currently occupied, the property provides immediate in-place income while offering upside through lease-up of the remaining vacancies.
The all one-bedroom configuration appeals to a broad tenant base, making the units easy to lease and minimizing vacancy risk. Situated directly on iconic Bourbon Street, residents enjoy walkable access to premier dining, entertainment, employment centers, and the vibrant culture that defines the French Quarter.
Whether targeting long-term investors seeking stable cash flow or buyers looking for future value-add potential, 807 Bourbon Street represents an exceptional opportunity to own a well-located multifamily investment in one of the most desirable and supply-constrained rental markets in New Orleans.
Investment highlights
- Located in the heart of the world-famous French Quarter
- Rare opportunity to acquire a stabilized multifamily asset on one of New Orleans' most recognizable and sought-after corridors
- Nine one-bedroom apartment units totaling approximately 3,228 square feet
- Efficient unit mix that has consistently demonstrated strong rental demand
- 7 of the 9 units currently occupied, providing immediate in-place income
- Upside through lease-up of the remaining vacancies
- All one-bedroom configuration appeals to a broad tenant base
- Units easy to lease and minimizing vacancy risk
- Situated directly on iconic Bourbon Street
- Walkable access to premier dining, entertainment, employment centers, and the vibrant culture that defines the French Quarter
- Well-located multifamily investment in one of the most desirable and supply-constrained rental markets in New Orleans
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