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Multifamily Apartment Community
For Sale
$5,000,000

3300 Preston Pl, New Orleans, LA 70131

St. James Apartments is an 81-unit multifamily community with seven two-story buildings.

Property SizeContact for details
Days on Market66

Property Features for 3300 Preston Pl

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 81

Building Details

Stories 2
Units 81
Tenancy Multi
Listing Agency: Elifin Realty - New Orleans, LA
Listed By: Benji Azar
Source: Elifinrealty
Added: Jul 4 Changed: Aug 8 Last Checked: Sep 7 at 7:24AM

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 Elifin Realty - New Orleans, LA

Investment Insights

Based on property information with market context.

St. James Apartments is an 81-unit multifamily community consisting of seven two-story buildings. The property is being offered for sale.

The address is 3300 Preston Pl, New Orleans, LA 70131.

Key Highlights

  • 81‑unit multifamily community for sale
  • Consists of seven two‑story buildings

Property Analytics

Current Use

Holly Park Apartments Apartment Building Saint James Apartments Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Hair Salon Pharmacy Nail Salon

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

Lease Details

81
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

159
Businesses Nearby

Demographics for 70131, LA

27,473
Population
12,070
Households
2.3
Avg Household Size
38
Median Age
36%
College-Educated
92%
High-School Grad
11.7 sq mi
ZIP Area
2,348
Density / Sq Mi
$64,294
Median Household Income
$45,347
Median Earnings
$1,057
Median Rent
$236,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - St. James Apartments is an 81-unit multifamily community with seven two-story buildings.
Where is this apartment building located?
The property is located at 3300 Preston Pl New Orleans, LA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 81‑unit multifamily community for sale; Consists of seven two‑story buildings
More about this property
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