Marcus & Millichap is pleased to present the exclusive listing of MacArthur Place, a 48-unit apartment community located just 10 minutes from Downtown New Orleans. Fully renovated in 2007, the property offers modern systems, minimal deferred maintenance, and a proven history of near-full occupancy. Investors benefit from immediate 9% day-one cash-on-cash returns with the opportunity to further enhance income by implementing a utility bill-back program and activating the central courtyard for new amenities.