11900-50 LAKELAND Court, New Orleans, LA 70128 (MLS# NO2522884)

11900-50 LAKELAND Court, New Orleans, LA 70128

$2,610,000
Property Type: MultiFamily Square Footage: 34,100 Lot Size (sq. ft.): 63,598 Status: Active
Current Price: $2,610,000 List Date: 9/23/2025 Last Modified: 2/13/2026

Overview

Description

$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 p ...

Listing Details MLS# NO2522884

Listing Info

Delayed Marketing
No
Listing Price
2610000
List Price/SqFt
76.54
Document Modified
2026-01-30 05:20:46.168664
Modification Timestamp
2026-02-13T16:17:32Z
Photo Modified
2026-02-03T15:38:58Z

Location Tax Legal Info

Street Number
11900-50
Street Name
LAKELAND Court
Parish
Orleans
State
LA
Zip Code
70128
Tax Assessment Number
per assessor
Directions
Bounding Streets: Hayne, Wales

General Property Description

Number of Units
31
Stories
2
SqFt - Total
34100
SqFt - Source
Public Record
Individual Metered?
Yes
Lot Dimensions
1.46
Acres
1.46

Currently Not Used

Acreage Range
1 - 2.99

Originating Details

Originating System ID
ROAMM
Originating System Key
52525157
Originating System Listing ID
2522884
Originating System Name
ROAM Matrix

Remarks & Misc

Remarks
$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.

More Information

Office/Member/Contract Info

List AOR
NOMAR

Siding

Vinyl Siding
Yes

Parking

Parking Lot
Yes

Construction

Brick
Yes

Foundation

Slab
Yes

Roof

Composition
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Lot

Cul-De-Sac
Yes

Owner Pays

Water
Yes

Tenant Pays

Electric
Yes

Property Features

Siding: Vinyl Siding Parking: Parking Lot Construction: Brick Foundation: Slab Roof: Composition Heating: Central Cooling: Central Air Lot: Cul-De-Sac Owner Pays: Water Tenant Pays: Electric

Documents

IDX
Listing Office: Bridgewater Realty Advisors, LLC
Last Updated: February - 13 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.