Property History
Property Type
Property Type
Marketing Description
UPDATE 7/1/2020: 90% Occupancy, last remaining two units should have signed leases within a week.
Completely renovated 19 unit complex being sold as 100% leased. All units built out as 1 Bd/1 Ba and renting out between $750-$795/month. Meticulously renovated with high-end finishes, offering a low-cost high-end apartment in a demanding market. Also an opportunity to increase current rents. Please call Tim Keller 504-577-2422 for additional details.
Whole Foods Grocery is located adjacent to the property. LSU Health Sciences Center is located just a few blocks away with 2,200 full time employees, 3,000 students, and 1 million annual patient visits. New Orleans Veterans Medical Center located just a few blocks away with 2,800 full-time employees, 392 doctors and med students, 70,000 veterans served, and 500,000 annual outpatient visits. Lafitte Greenway is located less than a block away. Investment Highlights
- +/-5,896 SF across 4 Buildings – Being Sold as 100% Leased
- +/-12,705 SF of Land
- The subject property is a completely renovated 19 unit fully leased income-producing property located in the heart of Mid-City
- Each renovated 250-300 SF unit is set up as a studio with 1 Bedroom and 1 Bathroom bringing in $750-$795/month. Opportunity to increase rents for additional income
- Complete renovation includes new exterior/interior paint, all new flooring, lighting, counters, cabinets, sheetrock, structural, bathrooms, appliances, fixtures, and more
- Located in the Opportunity Zone, State Historic Tax Credit District, and National Historic Tax Credit District
- Laundry room with 4 washer/dryer units on revenue share agreement. Cox Cable also has a revenue share agreement in place
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Zoning
HU-RD2 ResidentialTwo FamilyHistoric Urban Two Family Residential District
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View all 51 uses Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
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