$2,450,000
Active
62
Beds
46.5
Baths
34,100
SqFt
1980
Built
PRICE REDUCTION! $32,070 per month actual gross rental income! Price reduction! 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.
MORTGAGE CALCULATOR
$12,389
Estimate only — not a loan offer. Consult a lender for actual terms.
LISTING SNAPSHOT
Price$2,450,000
Bedrooms62
Full Baths31
Half Baths31
Inside Area (SqFt)34,100 sqft
Lot Size1.46 Acres
Year Built1980
MLS® Number2522884
StatusActive
Property TaxN/A
HOA/Condo/Coop FeesN/A
GENERAL
Acres1.46
Cross StreetHayne, Wales
FoundationSlab
LevelsTwo
ParkingDriveway, Off Street, Parking Lot
Property Sub TypeApartment
SecurityClosed Circuit Camera(s)
SewerPublic Sewer
StyleTraditional
Water SourcePublic
INTERIOR
CoolingCentral Air
HeatingCentral
Laundry FeaturesWasher Hookup
EXTERIOR
Construction DetailsBrick, Vinyl Siding
Lot FeaturesCul-De-Sac, City Lot
RoofShingle
RECENT ACTIVITY
August 24, 20262450000
September 23, 2025Active
Listing courtesy of Bridgewater Realty Advisors, LLC
Listing courtesy of Bridgewater Realty Advisors, LLC
Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.
Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.
Comps
Limited comparable sales data available in this area.
