11900-50 Lakeland Court New Orleans, LA $ 2,610,000
11900-50 Lakeland Court
$ 2,610,000
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11900-50 Lakeland Court

New Orleans, LA, 70128
$ 2,610,000
Bedrooms-- Baths-- Sq 34,100

Monthly Estimate*

$ 16,070

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Commercial Property for sale in New Orleans, LA

for $2,610,000. This 34,100 square foot building was built in 1980 on a lot size of 1.46.

Price reduction! $32,070 Per month in actual gross income! 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.

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Commercial Active

Price

$ 2,610,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.46

Year Built

1980

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2542899

Features
General
Sewer Public Sewer
Zoning S-B1
Construction Materials Brick Vinyl Siding
Year Built 1980
Stories Count 2
Levels Two
County Orleans
Property Type Commercial Sale
Total Rooms 0
Full Baths 0
Status Active
City New Orleans
Structure Type Mixed Use Other
Standard Status Active
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Exterior
Parking Features Driveway Off Street Parking Lot
Lot Features 1 to 5 Acres Cul-De-Sac City Lot
Water Source Public
Lot Size Area 1.46
Building Area Total 34100
Lot Dimensions 1.46
Lot Size Acres 1.46
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Bridgewater Realty Advisors, Llc

Broker

mason@bridgewater.realty

Email

Affordability Calculator

$16,070
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,070
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2026$2,610,000 Listed Price

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11900-50 Lakeland Court, New Orleans, LA, 70128 is a Commercial Property for sale at $2,610,000 with 34,100 sqft and a lot size of 1.46. 11900-50 Lakeland Court was built in 1980. The property's zip code is 70128 which is in New Orleans, LA