6711-6817 Tara Lane
New Orleans, LA 70127
127
Bed
0
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
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: CentralAir
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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: OutsideCityLimits,RectangularLot
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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
ParkingLot
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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 |
|---|---|---|---|---|---|
| 7826 Read Boulevard, New Orleans, LA, 70127 | $185,000 | 3 | 2 | 1,670 | -- |
| 4810 Gawain Drive, New Orleans, LA, 70127 | $95,000 | 3 | 2 | 1,200 | 0.13 Acre |
| 10200 Flossmoor Drive, New Orleans, LA, 70127 | $165,000 | 3 | 2 | 1,925 | 0.15 Acre |
| 4627 Evangeline Drive, New Orleans, LA, 70127 | $145,000 | 3 | 2 | 1,432 | 0.13 Acre |
| 4810 Galahad Drive, New Orleans, LA, 70127 | $319,750 | 4 | 3 | 1,929 | -- |
| 5000 Schindler Drive, New Orleans, LA, 70127 | $164,900 | 3 | 2 | 1,500 | 0.12 Acre |
| 11411 Will Stutley Drive, New Orleans, LA, 70127 | $280,000 | 4 | 2 | 1,744 | -- |
| 7646 Avalon Way, New Orleans, LA, 70127 | $119,000 | 4 | 2 | 1,477 | -- |
| 10887 Morrison Road, New Orleans, LA, 70127 | $228,000 | 3 | 2 | 1,752 | -- |
| 4834 Evangeline Drive, New Orleans, LA, 70127 | $274,950 | 4 | 2 | 1,540 | 0.13 Acre |
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ByOwner last updated this listing 09/23/2026 @ 00:09
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