Address: 6235 Chef Menteur, New Orleans, LA 70126
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.
List Price: $1,980,000
GBA: +/- 46,250 Sq/Ft
# of Units: 36
Size Size: +/- Sq/Ft
Zoning: S-RD
For further listing details please contact Troy Hagstette 504-251-5719 or Parke McEnery 504-236-9542.
