Multifamily
Canalside Apartments
8520-22 Chef Menteur Hwy, New Orleans, LA 70127
Listing Price: Request For Offer
Number of Units
46
Gross SF
38,180
Investment Overview
Over 70% of residents rent in New Orleans East, supporting steady occupancy and leasing velocity.
Canalside Apartments
Investment Highlights
- Strong tenant base driven by nearby employers like NASA Michoud, Folgers, and the Port of New Orleans.
- Cap rate is +10% , offering some of the best yield potential in the metro.
- Minimal new construction east of the Industrial Canal keeps existing supply in high demand.
Exclusively Listed By
Broker of Record
Investment Highlights
- Strong tenant base driven by nearby employers like NASA Michoud, Folgers, and the Port of New Orleans.
- Cap rate is +10% , offering some of the best yield potential in the metro.
- Minimal new construction east of the Industrial Canal keeps existing supply in high demand.
Investment Overview
Over 70% of residents rent in New Orleans East, supporting steady occupancy and leasing velocity.
Exclusively Listed By
Broker of Record
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