Each fourplex totals 5,220 sf, consisting of four 3BR/1.5BA units averaging 1,305 sf each.
All units include in-unit laundry, private yards, and off-street parking for two vehicles. Located in the stable, high-demand Algiers submarket, this asset provides family-friendly layouts ideal for long-term tenants.
This 16-unit multifamily portfolio delivers strong in-place cash flow with significant rent growth potential through HANO-supported rents. The property already meets DSCR loan thresholds and offers a clear path to double-digit returns once stabilized.
With minimal deferred maintenance, and four separately deeded assets, investors gain both income stability and exit flexibility in one of New Orleans’ most resilient rental markets.