6101 Chatham Dr - Apartments FOR SALE


New Orleans, LA 70122- Fillmore
$2,200,000 USD
504-301-1002
6101 Chatham Dr, New Orleans, LA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

6101 Chatham Dr
New Orleans, LA 70122
Fillmore


OVERVIEW

Available for sale, 6101 Chatham Drive represents a one-of-a-kind residential site in an excellent Gentilly location. Currently spanning 115,200 SF (±2.64 acres), the rectangular-shaped, S-RS zoned site can be resubdivided into ±16 standard residential lots, or a purchaser could pursue a rezoning to allow for denser development. Formerly home to Edward Hynes Charter School, the property has been fully cleared and is ready for development. Ownership is offering the entire site (240’ x 480’) for sale at $2,200,000, or would consider re-subdividing into regular lots (60’ x 120’) at $160,000/lot, giving a builder, developer, or end user flexibility and the ability to phase construction across the site. The property is located in a dense residential neighborhood, with easy access to major thoroughfares and retail nodes, as well as close proximity to UNO, Lake Pontchartrain, and City Park. Purchaser to confirm all zoning and resubdivision requirements.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$43 USD /SF

# OF UNITS

-

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gentilly Residential Development Site

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

3-7W-5-276-15

ASK ABOUT THIS PROPERTY

Ben Jacobsonben + burkaMore Info
504-301-1002

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Ben Jacobsonben + burkaMore Info
504-301-1002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.