8019 TRAPIER Avenue New Orleans, LA 70127

Building Details

Year Built

1981

Listing agency Bridgewater Realty Advisors, LLC m***@bridgewater.realty Show Phone

Listed by Mason McCullough · License #LA9705 Show Phone

Source Xome

Added: Dec 4, 2025 Updated: Jul 22 at 6:10AM Checked: Jul 22 at 6:10AM

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Investment Insights

Based on property information with market context.

This 65-unit apartment complex portfolio is comprised of two positioned properties: 8019 Trapier with 48 units and 9500 Hayne with 17 units. The properties can be purchased together or separately. The ownership has completed outstanding repairs since the original listing date, with the exception of 3 “down” units that they are not currently repairing.

The complex is described as being situated in the New Orleans East neighborhood. The portfolio is currently in lease-up, with occupancy improving from 48% to 74% over the course of a matter of months.

Once fully leased and stabilized, the listing states the portfolio will generate over $60,000 per month in gross rental income.

Key Highlights

• Two multifamily properties totaling 65 units: 8019 Trapier (48 units) and 9500 Hayne (17 units).
• Gross rental income over $60,000 per month once fully leased and stabilized.
• In‑place lease‑up: occupancy increased from 48% to 74% within a matter of months.

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FAQs

What type of property is this?

Apartment building - Two multifamily properties totaling 65 units with several rent-ready vacancies currently in lease-up.

Where is this apartment building located?

The property is located at 8019 TRAPIER Avenue New Orleans, LA.

What is the asking price?

The asking price for this property is $2,800,000.

What are key features of this property?

This property features: Two multifamily properties totaling 65 units: 8019 Trapier (48 units) and 9500 Hayne (17 units).; Gross rental income over $60,000 per month once fully leased and stabilized.; In‑place lease‑up: occupancy increased from 48% to 74% within a matter of months.