Fully Occupied Multifamily Investment Opportunity

For Sale

4545 MacArthur Boulevard, New Orleans, LA 70131

This New Orleans property for sale is located at 4545 MacArthur Boulevard. The current listed sale price for Fully Occupied Multifamily Investment Opportunity is $7,250,000. Fully Occupied Multifamily Investment Opportunity is situated on a lot that is 2.05 acre in size.

Contacts

broker

Mark Segalla

ELIFIN®

(225) 505-4349

Property Details

  • Property Type Multi-Family
  • Property Size 64,635 SF
  • Units 87
  • Lot Size 2.05 Acre
  • Year Built 1969
  • Date Updated Jan 22, 2024
W-5The Marsailles Apartments is a fully occupied 87-unit complex situated on ±2.05 acres. The property is located at a highly visible hard corner (±8,705 daily traffic). The property has a stable history of full occupancy. Some units are currently leased under market value. There is potential to immediately increase rents or to utilize cosmetic and amenity upgrades to get to the higher end of market rate. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

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Getting around

  • 62/100

    Walk Score ®

  • 33/100

    Transit Score ®

  • 57/100

    Bike Score ®

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Location

  • City New Orleans, LA
  • Neighborhood Old Aurora
  • Zip Code 70131
  • Market New Orleans

Points of Interest

  • John Churchill Chase Street

    3.48 miles

  • Julia Street

    3.56 miles

  • Poydras Street

    3.71 miles

  • Canal Street

    3.81 miles

  • Harrah's Casino

    3.86 miles

  • Bienville Street

    3.91 miles

  • French Market

    3.93 miles

  • Canal at South Peters

    3.95 miles

  • Canal at North Peters

    3.96 miles

  • Ursulines Avenue

    3.96 miles

  • Murphy USA

    0.92 miles

  • Exxon

    1.55 miles

  • D's Express

    1.77 miles

  • Alex Chevron

    2.70 miles

  • Murphy USA

    2.78 miles

  • RaceTrac

    2.96 miles

  • Shell

    3.02 miles

  • Shell

    3.03 miles

  • Shell

    3.55 miles

  • Shell

    3.77 miles

  • Erato St Cruise Terminal

    3.41 miles

  • Lot F

    3.57 miles

  • Lot B

    3.62 miles

  • Harrah's New Orleans Parking Garage

    3.81 miles

  • Premium Parking

    4.00 miles

  • Pay Parking Lot

    4.03 miles

  • Premium Parking Lot P296

    4.06 miles

  • E-Z Park

    4.24 miles

  • Premium Parking Lot

    4.28 miles

  • Delachise Street Parking Garage

    4.98 miles

  • La Quinta Inn New Orleans West Bank / Gretna

    1.86 miles

  • Courtyard by Marriott New Orleans Westbank/Gretna

    1.99 miles

  • Holiday Inn New Orleans West Bank Tower

    2.00 miles

  • Sentry Inn

    2.23 miles

  • Federal City Inn & Suites

    2.25 miles

  • Holiday Inn Express & Suites Chalmette - New Orleans S

    2.72 miles

  • Days Inn Gretna New Orleans

    2.73 miles

  • Quality Inn & Suites

    2.76 miles

  • Americas Best Value Inn-New Orleans/Gretna

    3.31 miles

  • Hampton Inn & Suites New Orleans Convention Center

    3.60 miles

  • Winn-Dixie

    0.22 miles

  • Rouses

    0.46 miles

  • Walmart Supercenter

    1.08 miles

  • Dillard's

    1.72 miles

  • Oakwood Center

    1.84 miles

  • JCPenney

    1.86 miles

  • Hong Kong Supermarket

    2.29 miles

  • Walmart Neighborhood Market

    2.80 miles

  • Winn-Dixie

    2.82 miles

  • Rouses

    2.89 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Mark Segalla

ELIFIN®

(225) 505-4349