36 Unit Multi-Family Investment

6235 Chef Menteur presents a well-positioned multi-family investment in the Pines Village submarket of New Orleans, consisting of 36 units across 30,625 SF on a 0.77-acre site. Built in the 1970s and renovated in 2022, the property is 98% occupied and offers two-story buildings with a unit mix averaging 850 SF, generating average rents of $838 per unit ($0.99/SF). Features include controlled access, secure entry, on-site laundry facilities, 40 grade-level parking spaces, and central air conditioning, with utilities individually metered for electricity and central water service provided. Recent improvements include synthetic flat roofs with warranties, adding long-term durability and reduced capital expense risk. With stable tenancy, efficient layouts, and an accessible location along a major corridor, 6235 Chef Menteur provides reliable cash flow and strong appeal for investors seeking a stabilized multi-family asset in New Orleans.