$2,767,000

Estimated payment $17,278/month

Total Views 3,016
62 Beds
62 Baths
34,100 Sq Ft
$81 Price per Sq Ft

Highlights

  • 1.46 Acre Lot
  • Cul-De-Sac
  • Central Heating and Cooling System
  • Traditional Architecture
  • Closed Circuit Camera
  • Property is in very good condition

About This Home

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 potential 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.

Listing Agent

Mason McCullough

Bridgewater Realty Advisors, LLC License #995714063 Listed on: 09/23/2025

Co-Listing Agent

BRYCE DANNA-MARULLO

Bridgewater Realty Advisors, LLC License #995705186

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1980

Lot Details

  • 1.46 Acre Lot
  • Cul-De-Sac
  • Property is in very good condition

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 34,100 Sq Ft Home
  • Property has 2 Levels
  • Closed Circuit Camera
  • Washer Hookup

Bedrooms and Bathrooms

  • 62 Bedrooms

Parking

  • Driveway
  • Parking Lot
  • Off-Street Parking

Additional Features

  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number per assessor

Property Details

Home Type

Apartment

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.46
  • Lot Size: 1.46
  • Co List Office Mls Id: BRALLC01
  • Co List Office Phone: (504) 901-0463
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1980
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 31
  • Half Bathrooms: 31
  • Total Bedrooms: 62
  • Living Area: 34100.0

Exterior Features

  • Lot Features: 1 to 5 Acres, Cul-De-Sac, City Lot
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: Very Good Condition
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Off Street, Parking Lot

Utilities

  • Laundry Features: Washer Hookup
  • Security: Closed Circuit Camera(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: per assessor

Rental Info

  • Tenant Pays: Electricity

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2025 09/23/25 For Sale $2,767,000 -- $81 / Sq Ft
Source: ROAM MLS

Source: ROAM MLS

MLS Number: 2522884