About 8019 Trapier Av
Situated in the heart of the New Orleans East neighborhood, this 65-unit apartment complex offers a prime workforce and affordable housing investment opportunity with substantial value-add potential. The portfolio consists of two well-positioned properties: 8019 Trapier, encompassing 48 units, and 9500 Hayne, comprising 17 units. The buildings can be purchased together or separately as a 48 and 17 unit complex. Will produce over $60,000 per month in gross rental income once fully leased and stabilized.
Features of 8019 Trapier Av
| MLS® # | 2517176 |
|---|---|
| Price | $2,800,000 |
| Bedrooms | 113 |
| Bathrooms | 65.00 |
| Full Baths | 65 |
| Square Footage | 62,685 |
| Acres | 1.75 |
| Year Built | 1981 |
| Type | Multi-Family |
| Sub-Type | Apartment, Traditional |
| Status | Active |
Community Information
| Address | 8019 Trapier Av |
|---|---|
| City | New Orleans |
| County | Orleans |
| State | Louisiana |
| Zip Code | 70127 |
Amenities
| Parking | Parking Lot |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | CentralAir |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Balcony |
|---|---|
| Lot Description | 1 to 5 Acres, City Lot |
| Roof | Flat, Shingle |
| Foundation | Slab |
Additional Information
| Days on Market | 75 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
| Listing Provided By | Bridgewater Realty Advisors, LLC |