84-Unit Apartment Complex in
3101 Cleary Avenue Metairie, LA 70001
3101 Cleary Avenue, Metairie, LA, 70001
Contact for pricing
For Sale
Contact for pricing
Pending
Multifamily complex in prime location near retail and employment hubs.
Property Size80,688 SF
Days on Market124
Property Features for 3101 Cleary Avenue
General Information
- Standard status
- Pending
- Size
- 80,688 SF
- Property subtype
- Multifamily
Listing Agency
Don Randon Real Estate, Inc.
Listed by
Randy Argote · License #LA
Source
Crexi
Added: Mar 17 Checked: Jul 15 at 9:41 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Don Randon Real Estate, Inc.
Investment Insights
Based on property information with market context.
The Cleary Apartments is an 84-unit multifamily complex featuring spacious two-bedroom, one-bath units. The property is located in the Veterans Blvd corridor, minutes from I-10 and major economic areas. The location provides access to major New Orleans and Metairie employers, situated one block off Veterans Boulevard just north of I-10 between Lakeside Mall and the redeveloped Clearview City Center. The surrounding area includes numerous retailers and an average household income of $98,000+. The property maintains solid occupancy and strong rents. The complex offers potential for value-add upgrades. The property is debt free and primed for future rent growth due to limited supply in the area. The property is positioned to deliver cash flow and long-term appreciation. Metairie is a suburb of New Orleans with a culture, community, and real estate market. The real estate market in Metairie attracts families and professionals due to its proximity to New Orleans and amenities such as schools, parks, and shopping centers. There is a growing interest in the suburban area, leading to a demand for rental properties and homes for sale. Metairie offers a blend of suburban tranquility and urban convenience.
Key Highlights
- Prime location in Metairie, near Veterans Blvd, I‑10, Lakeside Mall, and Clearview City Center, providing easy access to major employers, retail, and dining.
- Strong rental market with consistent tenant demand.
- Value‑add opportunity to enhance returns through upgrades.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Multifamily complex in prime location near retail and employment hubs.
Where is this apartment building located?
The property is located at 3101 Cleary Avenue Metairie, LA.
What is the asking price?
The asking price for this property is $6,928,000.
What are key features of this property?
This property features: Prime location in Metairie, near Veterans Blvd, I‑10, Lakeside Mall, and Clearview City Center, providing easy access to major employers, retail, and dining.; Strong rental market with consistent tenant demand.; Value‑add opportunity to enhance returns through upgrades.
