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11900-50 Lakeland Court

New Orleans, LA 70128
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Bed 62

Bed

Bath 31

Bath

SqFt34,100

Sqft

Acres1.46

Acres(Lot)

$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 p otential 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,610,000

AD Id : 67121692

MLS Id : 2522884

Beds : 62

Lot Size : 1.46 Acres

Living Area Size : 34,100

Year Built : 1980

County : Orleans

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Feature Features

  • Bedroom Information

    Total beds: 62

    Bathroom Information

    Full Baths: 31 Half Baths: 31

    Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
    Laundry Features: Washer Hookup
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1980
    Construction Materials: Brick, Vinyl Siding
    Stories: 2
    Private Pool: No

  • Lot Information

    Lot Dimensions: 1.46 Main Square Feet: 1.46 Lot Size Acres: 1.46 Lot Description: 1 to 5 Acres,Cul-De-Sac,City Lot

  • Listing Price Information

    Listing Price: $2610000
    Original Price: $2767000

  • Tax Information

    Parcel Number: per assessor

  • Location Information

    WaterSource: Public Security Features: Closed Circuit Camera(s)
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ByOwner last updated this listing 08/21/2026 @ 02:35

MLS: 2522884 LISTED BY: Mason McCullough, Bridgewater Realty Advisors, LLC 504-901-0463 SOURCE: NOMAR

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