6711-6817 Tara Lane
New Orleans, LA 70127
127
Bed
87
Bath
78,100Sqft
Plaza Park Apartments is a 78-unit, Class C multifamily community offered at $1,200,000 — representing one of the most compelling deep-value-add acquisition opportunities currently available in the greater New Orleans market. Situated on 2.77 acres in the West Lake Forest submarket of New Orleans East, the property comprises approximately 98,710 gross square feet with 76,100 rentable square feet across a mix of one-, two-, and three-bedroom units. The site is zoned S-RM2 (Suburban Multifamily) and is not located within a designated FEMA flood zone. Originally constructed in 1986, the asset has experienced significant deferred maintenance following foreclosure and is priced accordingly — at just $15,385 per unit and $12.16 per gross square foot. For experienced value-add operators and dist
Property Details
Map
Map
What's Nearby
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Features
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Bedroom Information
Total Bedrooms: 170Bathroom Information
Full Baths: 87 Half Baths: 0Water/Sewer
Water Source: Public Sewer: Public Sewer -
Room Information
Total Square Feet Living: 78100 -
Interior Features
Roof: Shingle Cooling Features: Central Air Heating Features: Central
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Building Information
Year Built: 1986 Roof: Shingle
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Lot Information
Lot Features: Outside City Limits,Rectangular Lot -
Property Information
SQ ft: 78,100 Source Listing Status: Pending Property Subtype: Other Building Exterior Type: Brick Foundation Details: Slab Property Age: 40 Property Condition: Average Condition Levels or Stories: Two
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Listing Price Information
Original List Price: $1,200,000
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Tax Information
Parcel Number: 39w016281
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4810 Bright St, New Orleans, LA, 70127 | $80,000 | 2 | 1 | 900 | 900 SqFt |
| 4660 Corinne Street, New Orleans, LA, 70127 | $215,000 | 3 | 2 | 1,849 | 1,849 SqFt |
| 4810 Good Drive, New Orleans, LA, 70127 | $160,000 | 2 | 1 | 1,250 | 1,250 SqFt |
| 5846 W Deer Park Boulev.., New Orleans, LA, 70127 | $329,900 | 2 | 2 | 1,488 | 1,488 SqFt |
| 4819 Hauck Drive, New Orleans, LA, 70127 | $279,900 | 4 | 2 | 1,610 | 1,610 SqFt |
| 4726 Hauck Drive, New Orleans, LA, 70127 | $209,500 | 3 | 2 | 1,998 | 1,998 SqFt |
| 4611 Schindler Drive, New Orleans, LA, 70127 | $215,000 | 3 | 2 | 1,424 | 1,424 SqFt |
| 4859 Coronado Drive, New Orleans, LA, 70127 | $185,000 | 3 | 2 | 1,766 | 1,766 SqFt |
| 4642 Cardenas Drive, New Orleans, LA, 70127 | $159,000 | 3 | 1 | 1,100 | 1,100 SqFt |
| 4935 Cardenas Drive, New Orleans, LA, 70127 | $189,500 | 3 | 2 | 1,674 | 1,674 SqFt |
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ByOwner last updated this listing 06/21/2026 @ 12:42
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