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264-Unit Apartment Community
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3300 Wall Blvd, Gretna, LA 70056

Garden and townhome layouts are complemented by a pool, clubhouse, fitness center, dog park, and playground.

Property SizeContact for details
Days on Market10

Property Features for 3300 Wall Blvd

General Information

Standard status Active
Net Rentable 230,760 SF
Property subtype Multifamily

Additional Details

Multifamily Units 264

Amenities

pool
sundeck
clubhouse
fitness center
dog park
playground
gated controlled access
264-unit garden and townhome community on the Wall Boulevard corridor in Gretna, West Bank of the New Orleans MSA, minutes from the Crescent City Connection
97.0% leased and 91.3% physically occupied per the current rent roll; economic occupancy recovered to 91.6% over the trailing three months from 84.7% on the trailing twelve
Proven interior program: 38 of 264 units renovated with new countertops, cabinetry, appliances, fixtures and plank flooring; renovated two-bedroom townhomes ask $200/month over classic
Utility reimbursement already in place, recovering roughly 47% of water/sewer cost, with room to move toward market-standard recovery at no capital cost
Roofs replaced property-wide in 2022-2023; one building fully rebuilt and delivered in 2024
West Bank employment base within minutes: Ochsner Medical Center West Bank, West Jefferson Medical Center, NAS JRB New Orleans, Avondale Global Gateway, Oakwood Center and ACME Truck Line
Only about 487 units under construction across the entire metro (0.8% of inventory); the River District, Bayou Phoenix and the Louisiana International Terminal add jobs without adding West Bank supply
LSU projects New Orleans-Metairie employment growth of 2.0-2.4% through early 2027, the strongest of any Louisiana metro

Building Details

Year Built 1984
Units 264
Listing Agency: Baton Rouge Office
Listed By: Charlie Smith · License #License(s): LA: SALE.995716472-ACT, FL: SL3616846, NV: S0203780
Source: Marcusmillichap
Added: Sep 28 Changed: Sep 29 Last Checked: Oct 7 at 8:26AM

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 Baton Rouge Office

Investment Insights

Based on property information with market context.

Stonebridge Manor is a 264-unit apartment community at 3300 Wall Blvd in Gretna, Louisiana. Built in 1984, the property contains 230,760 rentable square feet, with garden-style and townhome floor plans averaging 874 square feet. Shared amenities include a pool and sundeck, clubhouse, fitness center, dog park, and playground. Controlled access is gated.

The current rent roll shows 97.0% leased and 91.3% physically occupied. Economic occupancy averaged 91.6% over the trailing three months, compared with 84.7% over the trailing twelve months. Thirty-eight interiors have been renovated, while 226 classic units remain. A utility reimbursement program recovers approximately 47% of water and sewer costs. The rent profile is 100% Mission-Driven and qualifies for agency financing.

The property is in Gretna on the West Bank of the New Orleans MSA. The West Bank employment base includes healthcare, the naval air station, and Avondale Global Gateway. Approximately 487 units were under construction across the metro area at the time described.

Key Highlights

  • 264 apartment units across 230,760 rentable square feet
  • Built in 1984; garden and townhome plans average 874 square feet
  • 97.0% leased and 91.3% physically occupied on the current rent roll

Property Analytics

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Current Use

DM Construction and Services Construction Company Stonebridge Manor Apartments Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Restaurant

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

264
Residential units

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby

Demographics for 70056, LA

41,498
Population
15,784
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
87%
High-School Grad
6.8 sq mi
ZIP Area
6,103
Density / Sq Mi
$61,831
Median Household Income
$36,062
Median Earnings
$1,163
Median Rent
$223,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Garden and townhome layouts are complemented by a pool, clubhouse, fitness center, dog park, and playground.
Where is this apartment building located?
The property is located at 3300 Wall Blvd Gretna, LA.
What are key features of this property?
This property features: 264 apartment units across 230,760 rentable square feet; Built in 1984; garden and townhome plans average 874 square feet; 97.0% leased and 91.3% physically occupied on the current rent roll
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