11900-50 Lakeland Court, New Orleans, LA 70128
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: bryce a danna-marullo, bryce a danna-marullo
Office: bridgewater realty advisors
MLS#:2522884
Source:ROAM
Price summary
- Price:$2,450,000
- Price per sq. ft.:$71.85
About this home
PRICE REDUCTION! $32,070 per month actual gross rental income! Price reduction! Lakeland Manor is a portfolio of eight (8) adjacent fourplex apartment buildings totaling 31 units, ideally located in a quiet cul-de-sac off Bullard Avenue in New Orleans East all situated within immediate proximity, creating a cohesive and easily managed community. An additional 4plex located at 8017 Bullard next door is also for sale for total of 35 units. 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....
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Home facts
- Year built:1980
- Listing ID #:2522884
- Added:415 day(s) ago
- Updated:November 12, 2026 at 04:12 PM
Rooms and interior
- Bedrooms:62
- Total bathrooms:62
- Full bathrooms:31
- Half bathrooms:31
- Living area:34,100 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1980
- Building area:34,100 sq. ft.
- Lot area:1.46 Acres
- Lot Features:Cul-De-Sac
- Construction Materials:Brick, Vinyl Siding
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,450,000
- Price per sq. ft.:$71.85
Features and amenities
- Laundry features:Electric Dryer Hookup, Washer Hookup
Parking
- Parking description:Driveway, Off Street, Parking Lot
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