The Pelican Apartments | 100-Unit Turnkey Investment in Central New Orleans The Pelican Apartments present a rare opportunity to acquire a stabilized, income-producing 100-unit apartment complex in a prime central New Orleans location. The property is comprised entirely of well-designed one-bedroom units that offer efficient layouts and strong market appeal. The complex maintains a high occupancy rate and features amenities such as private gated parking, two elevators, laundry facilities on each floor, and an on-site property manager for smooth daily operations. This turnkey asset is further enhanced by two adjacent lots under long-term ground leases, contributing additional consistent cash flow and future development flexibility. Situated with excellent proximity to Interstate 10, downtown New Orleans, and major employment centers, the property offers both accessibility and long-term rental demand. An excellent fit for investors seeking a stabilized asset with upside potential. Contact the listing agent for pricing guidance, financials, and to request an NDA.