11900-50 LAKELAND Court, New Orleans, LA 70128 (MLS# NO2542899)

11900-50 LAKELAND Court, New Orleans, LA 70128

$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

Overview

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 profi ...

Listing Details MLS# NO2542899

Listing Info

For Sale
Yes
Delayed Marketing
No
Listing Price
2610000
List Price/SqFt
76.54
Modification Timestamp
2026-02-13T16:02:27Z
Photo Modified
2026-02-13T16:02:01Z

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

General Property Description

Lot Dimensions
1.46
Acres
1.46
SqFt - Total
34100
SqFt - Source
Public Record
Stories
2
Acreage Range
1 - 2.99

Originating Details

Originating System ID
ROAMM
Originating System Key
57038821
Originating System Listing ID
2542899
Originating System Name
ROAM Matrix

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.

More Information

Office/Member/Contract Info

List AOR
NOMAR

Property Type

Retail
Yes

Parking

Parking Lot
Yes

Construction

Brick
Yes

Property Features

Property Type: Retail Construction: Brick Parking: Parking Lot
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.