Actual gross rent of $44,550 per month. 20 of 22 units leased, reach out to agent for rent roll and financials. Seller financing available. This (6) building, 22-unit portfolio offers a rare, generational opportunity to acquire a strategically located mix of commercial, multifamily, and residential assets in the heart of the French Quarter?one of the most supply-constrained and historically stable submarkets in the region. The portfolio includes a majority of residential apartments complemented by ground floor commercial spaces, with several properties on the National Historic Registry. Seller financing available, 30 yr AM, 5-7 yr balloon, min. 20% down, rate negotiable. The properties showcase extensive recent capital improvements while preserving their historic charm. 525 Conti features brand-new roof, 1524 St. Mary St has new gutters, 307 Exchange has a new elevator, and 522-24 Burgundy St includes an award-winning renovation. Additional highlights include new renovations for most units and the courtyard interior at 307 Exchange ?where Edgar Degas painted and where a commemorative plaque remains on the exterior. All assets occupy prime locations within historically protected districts that benefit from year-round foot traffic and limited new construction. These properties have consistently attracted successful commercial tenants and long-term residential tenants, ensuring stable occupancy and proven demand. Historic architecture combined with modernized systems and recent renovations supports ongoing operational viability and long-term appreciation making this portfolio a once in a lifetime opportunity.
Listed By
Agency Name: Bridgewater Realty Advisors, LLC
Agency Phone: (504) 901-0463
Shown By
Agency Title: Wendy Benedetto, LLC
Agency Phone: (504) 382-7492
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313 Exchange Place, New Orleans, LA 70130.
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313 Exchange Place | MLS# 2524309
This multi-family property located at 313 Exchange Place, New Orleans, LA 70130 is currently listed for sale with an asking price of $7,270,000. Search New Orleans real estate on www.wendybenedetto.com today.