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Apartment Building with Community Amenities
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3300 Garden Oaks Dr, New Orleans, LA 70114

Apartment building featuring various unit sizes and community amenities.

Property Size84,712 SF
Price / SF$83.93
Days on Market167

Property Features for 3300 Garden Oaks Dr

General Information

Standard status Active
Size 84,712 SF
Class B
Total Parking Spaces 200
Property subtype Multifamily
Zoning MF
Occupancy 89%
Investment Type Stabilized
Net Operating Income $511,628

Building Details

Year Built 1973
Year Renovated 2018
Buildings 5
Stories 2
Units 116
Tenancy Multi
Listing Agency: CBRE - Baton Rouge
Listed By: Christopher Gremillion · License #LA SALE.0995683909-ACT
Source: Crexi
Added: Mar 9 Changed: Aug 8 Last Checked: Aug 21 at 11:09AM

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 CBRE - Baton Rouge

Investment Insights

Based on property information with market context.

This property features a mix of studio, one-, two-, and three-bedroom units. Select units include a balcony or patio, LVP floors, air conditioning, and in-unit washer and dryer connections. Community amenities include gated access, a courtyard, barbecue and picnic area, playground, and leasing office. Recent capital expenditures include new roofs in 2022 as well as exterior painting of the front building and replacement of all exterior lights in 2025. The property is located near a bus stop on New Orleans Regional Transit Authority routes 114A and 114B, providing easy access to downtown New Orleans, the Smoothie King Center and Superdome, Tulane Medical Center, and Oakwood Center. It is also a few blocks from General De Gaulle Drive, the main commercial thoroughfare of the West Bank neighborhood, which features numerous shops and restaurants. The property is conveniently situated within one mile of grocers including Walmart Supercenter, ALDI, and Rouses Market. Lakeside Shopping Center, which houses major retailers like Dillard’s, Macy’s, Abercrombie & Fitch, DICK’S Sporting Goods, Express, GameStop, and more, is an 18-minute drive away. Louis Armstrong New Orleans International Airport, which offers non-stop service to more than 50 destinations via 15 commercial airlines, is within a 22-minute drive. The property size is 84712 square feet.

Key Highlights

  • Convenient location with bus stop access to downtown New Orleans, Smoothie King Center, Superdome, and Tulane Medical Center.
  • Proximity to General De Gaulle Drive's shops and restaurants.
  • Variety of unit sizes from studios to three‑bedrooms, featuring balconies or patios.

Property Analytics

Current Use

The Banks Apartments Apartment Complex

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom HVAC Service Furniture & Home Goods Plumbing Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

891
Businesses Nearby

Demographics for 70114, LA

23,127
Population
11,860
Households
2
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
4,535
Density / Sq Mi
$41,435
Median Household Income
$31,743
Median Earnings
$1,113
Median Rent
$194,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building featuring various unit sizes and community amenities.
Where is this apartment building located?
The property is located at 3300 Garden Oaks Dr New Orleans, LA.
What is the asking price?
The asking price for this property is $7,110,000.
What are key features of this property?
This property features: Convenient location with bus stop access to downtown New Orleans, Smoothie King Center, Superdome, and Tulane Medical Center.; Proximity to General De Gaulle Drive's shops and restaurants.; Variety of unit sizes from studios to three‑bedrooms, featuring balconies or patios.
(225) 907-9013 Call to check price and availability
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