4545 Macarthur Boulevard, New Orleans, LA 70131
Local realty services provided by:CENTURY 21 Buelow-Miller Realty
Listed by: bryce a danna-marullo, cameron b. griffin
Office: bridgewater realty advisors
MLS#:200VDG
Source:ROAM
Price summary
- Price:$6,950,000
- Price per sq. ft.:$117.4
About this home
4545 MacArthur Boulevard presents an opportunity to acquire an 87 unit apartment community in New Orleans, Louisiana. The property totals approximately 59,199 gross square feet on a site of roughly 89,210 square feet, offering investors meaningful scale within a single acquisition. Unit mix includes efficiency, one bedroom and two bedroom units. The property is currently 92% occupied. The asset benefits from the city's enduring demand for workforce and market rate rental housing, and its 87 unit count supports professional on site or regional management. It offers a compelling platform for cash flow stabilization or value add execution, with an 8.7% in place cap rate and 11.8% pro forma cap rate, priced at $79,885 per unit. Value add upside through cosmetic interior renovations and returning offline units to service. Zoned S-RM1. Full rent roll and financial details are available through Bridgewater Realty Advisors upon execution of a confidentiality agreement. All information is deemed accurate but is not guaranteed. Buyers and agents are to verify all information independently....
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Home facts
- Year built:1980
- Listing ID #:200VDG
- Added:1 day(s) ago
- Updated:November 14, 2026 at 05:21 AM
Rooms and interior
- Total bathrooms:174
- Full bathrooms:87
- Half bathrooms:87
- Living area:59,199 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1980
- Building area:59,199 sq. ft.
- Lot area:2.05 Acres
- Exterior Features:Covered
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$6,950,000
- Price per sq. ft.:$117.4
- Tax amount:$43,657
Parking
- Parking description:Off Street, Parking Lot
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