- For Sale $2,600,000
- Property Type Multi-Family
- Property Size 38,180 SF
- Units 46
- Cap Rate % 12.45
- Date Updated Sep 29, 2026
Description
8520 Chef Menteur Hwy is a 46-unit value-add multifamily investment in New Orleans East.
Built in 1985 on a 1.59-acre site fronting Chef Menteur Hwy., the property offers a uniform 2BD/1BA unit mix averaging 850 SF. The property accepts Section 8/HOA vouchers allowing for a stable income stream.
10 of the units are in need of renovation.
Currently being offered at a 12.45% Cap Rate!
Please contact agents for additional information on rent rolls and expenses.
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Contacts
RE/MAX Nola Commercial
RE/MAX Nola Commercial