11900-50 LAKELAND Court, New Orleans, LA 70128
New Listing
$2,610,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
34,100
Lot Size (sq. ft.):
63,598
Status:
Active
Current Price:
$2,610,000
List Date:
2/13/2026
Last Modified:
2/13/2026
Description
Price reduction! $32,070 Per month in actual gross income! 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.
Supplements: ********
More Information MLS# NO2542899
Listing Info
Delayed Marketing: No
For Sale: Yes
List Price/SqFt: 76.54
Status: Active
Listing Date: 2026-02-13
Listing Price: 2610000
Current Price: $2,610,000
Modification Timestamp: 2026-02-13T16:02:27Z
Photo Modified: 2026-02-13T16:02:01Z
General Property Description
Lot Dimensions: 1.46
Stories: 2
SqFt - Total: 34100
SqFt - Source: Public Record
Acreage Range: 1 - 2.99
Acres: 1.46
Sale/Lease Info
Lease Purchase: No
Remarks & Misc
Remarks: Price reduction! $32,070 Per month in actual gross income! 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.
Office/Member/Contract Info
List AOR: NOMAR
Property Type
Retail: 1
Parking
Parking Lot: 1
Construction
Brick: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 57038821
Originating System Listing ID: 2542899
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 11900-50
Street Name: LAKELAND Court
Parish: Orleans
State: LA
Zip Code: 70128
Tax Assessment Number: per assessor
Zone: S-B1
Directions: Bounding Streets: Hayne, Wales
Property Features
Property Type: Retail
Construction: Brick
Parking: Parking Lot
Listing Office:
Bridgewater Realty Advisors, LLC
IDX
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.