Fully Occupied Multifamily Investment Opportunity

4545 MacArthur Boulevard, New Orleans, LA 70131

  • For Sale $7,250,000
  • Property Type Multi-Family
  • Property Size 64,635 SF
  • Units 87
  • Lot Size 2.05 Acre
  • Year Built 1969
  • Date Updated Jan 22, 2024
W-5The Marsailles Apartments is a fully occupied 87-unit complex situated on ±2.05 acres. The property is located at a highly visible hard corner (±8,705 daily traffic). The property has a stable history of full occupancy. Some units are currently leased under market value. There is potential to immediately increase rents or to utilize cosmetic and amenity upgrades to get to the higher end of market rate. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

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Contacts

broker

Mark Segalla

ELIFIN®

(225) 505-4349

Location

Getting Around

  • Walk Score ®

    62/100 Somewhat Walkable

  • Transit Score ®

    33/100 Some Transit

  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City New Orleans, LA
  • Neighborhood Old Aurora
  • Zip Code 70131
  • Market New Orleans

Points of Interest

  • John Churchill Chase Street

    3.48 miles

  • Julia Street

    3.56 miles

  • Poydras Street

    3.71 miles

  • Canal Street

    3.81 miles

  • Harrah's Casino

    3.86 miles

  • Bienville Street

    3.91 miles

  • French Market

    3.93 miles

  • Canal at South Peters

    3.95 miles

  • Canal at North Peters

    3.96 miles

  • Ursulines Avenue

    3.96 miles

  • Murphy USA

    0.92 miles

  • Exxon

    1.55 miles

  • D's Express

    1.77 miles

  • Alex Chevron

    2.70 miles

  • Murphy USA

    2.78 miles

  • RaceTrac

    2.96 miles

  • Shell

    3.02 miles

  • Shell

    3.03 miles

  • Shell

    3.55 miles

  • Shell

    3.77 miles

  • Erato St Cruise Terminal

    3.41 miles

  • Lot F

    3.57 miles

  • Lot B

    3.62 miles

  • Harrah's New Orleans Parking Garage

    3.81 miles

  • Premium Parking

    4.00 miles

  • Pay Parking Lot

    4.03 miles

  • Premium Parking Lot P296

    4.06 miles

  • E-Z Park

    4.24 miles

  • Premium Parking Lot

    4.28 miles

  • Delachise Street Parking Garage

    4.98 miles

  • La Quinta Inn New Orleans West Bank / Gretna

    1.86 miles

  • Courtyard by Marriott New Orleans Westbank/Gretna

    1.99 miles

  • Holiday Inn New Orleans West Bank Tower

    2.00 miles

  • Sentry Inn

    2.23 miles

  • Federal City Inn & Suites

    2.25 miles

  • Holiday Inn Express & Suites Chalmette - New Orleans S

    2.72 miles

  • Days Inn Gretna New Orleans

    2.73 miles

  • Quality Inn & Suites

    2.76 miles

  • Americas Best Value Inn-New Orleans/Gretna

    3.31 miles

  • Hampton Inn & Suites New Orleans Convention Center

    3.60 miles

  • Firehouse Subs

    0.27 miles

  • Popeyes

    0.70 miles

  • McDonald's

    0.88 miles

  • Round House Bar & Grill

    2.01 miles

  • McDonald's

    2.04 miles

  • McDonald's

    2.35 miles

  • DiMartinos

    2.42 miles

  • Dairy Queen

    2.63 miles

  • Sunny Side Up

    2.71 miles

  • KFC

    2.74 miles

  • Edna Karr Senior High School

    0.35 miles

  • Saint Andrew the Apostle School

    0.53 miles

  • Paul B Habans Elementary School

    0.54 miles

  • Alice Harte Elementary Charter School

    0.60 miles

  • Oak Park Baptist Preschool Center

    0.71 miles

  • Greater New Orleans Supports and Services Center Special Services District Facility

    0.81 miles

  • University of Holy Cross

    0.96 miles

  • Edna Karr High School

    0.98 miles

  • Diana Head Start Center School

    1.25 miles

  • Dwight D Eisenhower Elementary School

    1.33 miles

  • YWCA Jackson Landing Preschool

    0.84 miles

  • Candy Cane Child Care Center

    1.10 miles

  • Kays Day Care Center

    1.27 miles

  • Cinderella Day Care and Preschool Academy

    1.39 miles

  • Gwens Preschool Academy

    1.65 miles

  • Kays Day Care Center

    1.74 miles

  • Claras Little Lambs Preschool Academy Number 4

    1.79 miles

  • Cabbage Patch Day Care Center

    1.85 miles

  • Marys Child Care and Preschool

    1.94 miles

  • Boobie and Sprout Day Care Center

    1.96 miles

Frequently Asked Questions

What is the lease rate for Fully Occupied Multifamily Investment Opportunity?

Rental asking rate at Fully Occupied Multifamily Investment Opportunity is $3,625,000.00/YR.

What is the total square footage of Fully Occupied Multifamily Investment Opportunity?

Fully Occupied Multifamily Investment Opportunity totals 64,635 square feet.

When was this property built?

Fully Occupied Multifamily Investment Opportunity was built in 1969.

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Contact Listing Broker

broker

Mark Segalla

ELIFIN®

(225) 505-4349