5855 Citrus Blvd, New Orleans, LA 70123

Presenting the Citrus Apartments in Elmwood, LA— a strategically located 64-unit studio apartment property near Harahan just off Dickory offering strong income potential and long-term upside in one of Jefferson Parish’s most resilient rental corridors. Situated on the edge of the thriving Elmwood Business Park, this asset benefits from consistent tenant demand driven by proximity to major employment hubs, national retailers, and regional transit routes. The all-studio unit mix caters to a growing demographic seeking affordability, convenience, and minimal-maintenance living, resulting in strong occupancy rates and operational efficiency. All New Hardie-Plank Exterior & Roof 7% + Cap Rate on Current Operations Efficient Property to Operate & Manage Long-Term Income & Rent Growth Potential With limited studio inventory in the surrounding submarket and steady economic activity anchored by Elmwood’s commercial core, the Citrus Apartments represent a rare opportunity to acquire scale in a supply-constrained area. Investors will appreciate the property's stabilized performance, value-add potential through interior upgrades, and a favorable rental market that supports continued multifamily use. This is a compelling acquisition for investors focused on cash flow, market stability, and future appreciation in the Elmwood/Harahan submarket. Please review the Citrus Flier attachment below and complete, sign & return the Conf Agrmt (CA) on last page to obtain financial data, or contact me to discuss.