4545 Macarthur Boulevard, New Orleans, LA 70131

New Orleans
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
4545 Macarthur Boulevard,New Orleans, LA 70131
$6,950,000
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  • - Beds
  • 174 Baths
  • 59,199 sq. ft.
  • Multi-family
  • Active
Listed by: bryce a danna-marullo, cameron b. griffin
Office: bridgewater realty advisors
MLS#:200VDG
Source:ROAM

Price summary

  • Price:$6,950,000
  • Price per sq. ft.:$117.4

About this home

4545 MacArthur Boulevard presents an opportunity to acquire an 87 unit apartment community in New Orleans, Louisiana. The property totals approximately 59,199 gross square feet on a site of roughly 89,210 square feet, offering investors meaningful scale within a single acquisition. Unit mix includes efficiency, one bedroom and two bedroom units. The property is currently 92% occupied. The asset benefits from the city's enduring demand for workforce and market rate rental housing, and its 87 unit count supports professional on site or regional management. It offers a compelling platform for cash flow stabilization or value add execution, with an 8.7% in place cap rate and 11.8% pro forma cap rate, priced at $79,885 per unit. Value add upside through cosmetic interior renovations and returning offline units to service. Zoned S-RM1. Full rent roll and financial details are available through Bridgewater Realty Advisors upon execution of a confidentiality agreement. All information is...

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Home facts

  • Year built:1980
  • Listing ID #:200VDG
  • Added:1 day(s) ago
  • Updated:November 14, 2026 at 12:09 AM

Rooms and interior

  • Total bathrooms:174
  • Full bathrooms:87
  • Half bathrooms:87
  • Living area:59,199 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:1980
  • Building area:59,199 sq. ft.
  • Lot area:2.05 Acres
  • Exterior Features:Covered

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$6,950,000
  • Price per sq. ft.:$117.4
  • Tax amount:$43,657

Parking

  • Parking description:Off Street, Parking Lot

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