16-Unit Multifamily Portfolio with 88% Occupancy

View Offering Memorandum: https://buildout.com/sharing/16-Unit-Multifamily-Portfolio-with-88-Occupancy-208-marion-ct-river-ridge-sale?file=4372808

This multifamily portfolio consists of four fourplexes totaling 16 units across 208 Marion Ct, 308 Duke Dr, 807 Vouray Dr, and 809 Vouray Dr, with each unit featuring a 2 bedroom, 1.5 bathroom layout.

The portfolio is 88% occupied and generated a NOI of $134,323 in 2025.

7 units are currently on month-to-month leases, while two units are vacant, providing near-term opportunities for lease-up and rent increases.

Each fourplex is offered at $450,000, providing investors the opportunity to acquire the properties individually or as part of the larger portfolio.

Each property features a two-story configuration with on-site parking, while the Vouray Dr properties also include rear lots.

The portfolio is spread across established areas of Jefferson Parish. 208 Marion Ct is located in River Ridge, 308 Duke Dr is positioned near Louis Armstrong New Orleans International Airport, and 807 and 809 Vouray Dr are located in Northern Kenner.