Active
Sale
Investment
Multifamily
ID a12ccb52
8520 Chef Menteur Hwy
8520 Chef Menteur Hwy, New Orleans, LA 70127
For Sale
$2,600,000$68.10/SF$56,521.74/Unit
- Total Units
- 46
- Building Size
- 38,180 SF
- Lot Size
- 1.59 ac
- Parish
- Orleans
- Listed
- 08/10/2026
- Updated
- 08/10/2026
- Cap Rate
- 12.45%
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Overview
8520 Chef Menteur Hwy is a 46-unit value-add multifamily investment in New Orleans East.
Built in 1985 on a 1.59-acre site fronting Chef Menteur Hwy., the property offers a uniform 2BD/1BA unit mix averaging 850 SF. The property accepts Section 8/HOA vouchers allowing for a stable income stream.
10 of the units are in need of renovation.
Currently being offered at a 12.45% Cap Rate!
Please contact agents for additional information on rent rolls and expenses.
Attachments
Additional Information
- City
- New Orleans
- State
- LA
- Zip Code
- 70127
- Zoning
- BIP
- Zoning Desc.
- Business Industrial Park District
- NOI
- $323,731
- Building Class
- C
- Floors
- 2
- Year Built
- 1985
- Property Use Type
- Investment
- Property Status
- Existing
- Avg. Occupancy
- 78.3%
- Total Units
- 46
- Laundry
- Shared
- Nearest Interstate
- I-10
- Parcel APN
- 39W920521
- Listing ID
- a12ccb52
- City
- New Orleans
- State
- LA
- Zip Code
- 70127
- Zoning
- BIP
- Zoning Desc.
- Business Industrial Park District
- NOI
- $323,731
- Building Class
- C
- Floors
- 2
- Year Built
- 1985
- Property Use Type
- Investment
- Property Status
- Existing
- Avg. Occupancy
- 78.3%
- Total Units
- 46
- Laundry
- Shared
- Nearest Interstate
- I-10
- Parcel APN
- 39W920521
- Listing ID
- a12ccb52