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
Nearby Areas
Features
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Bedroom Information
Total beds: 170Bathroom Information
Full Baths: 87Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1986Construction Materials: BrickStories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Lot Dimensions: 2.77 Lot Description: Outside City Limits,Rectangular Lot
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Listing Price Information
Listing Price: $1200000
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Tax Information
Parcel Number: 39w016281 Tax Legal Desc: As per title
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Virtual Tour
Parking Information
Parking Lot
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Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7651 Brevard Avenue, New Orleans, LA, 70127 | $159,900 | 4 | 2 | 1,440 | 1,440 SqFt |
| 4701 Donna Drive, New Orleans, LA, 70127 | $237,000 | 3 | 2 | 1,925 | 1,925 SqFt |
| 4642 Cardenas Drive, New Orleans, LA, 70127 | $159,000 | 3 | 1 | 1,100 | 1,100 SqFt |
| 4419 Knight Drive, New Orleans, LA, 70127 | $219,900 | 4 | 3 | 2,556 | 2,556 SqFt |
| 7432 Dartmoor Drive, New Orleans, LA, 70127 | $164,900 | 4 | 2 | 1,825 | 1,825 SqFt |
| 4811 Hickerson Street, New Orleans, LA, 70127 | $179,000 | 3 | 2 | 1,178 | 1,178 SqFt |
| 7200 Claridge Court, New Orleans, LA, 70127 | $299,000 | 5 | 4 | 3,287 | 3,287 SqFt |
| 48 Morrison Court, New Orleans, LA, 70127 | $215,000 | 3 | 2 | 1,976 | 1,976 SqFt |
| 7350 Hansbrough Avenue, New Orleans, LA, 70127 | $169,900 | 3 | 2 | 1,039 | 1,039 SqFt |
| 4810 Galahad Drive, New Orleans, LA, 70127 | $329,999 | 4 | 3 | 1,929 | 1,929 SqFt |
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ByOwner last updated this listing 08/08/2026 @ 19:01
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