6711-6817 Tara Lane is amulti-family property for lease in New Orleans, LA.
Property includes a totally renovated 79 Unit Multi-family apartment complex with 92% occupancy. Current tenant mix is 20% market rent and 80% Section 8 subsidy rent. The subject property is a rectangular tract containing approx. 120.960 sq. ft. Building consist of 8 separate 2 story structures and contains a total 78 dwelling units plus 1 office unit.
Property is located off Interstate I-10 at the Read Blvd Exit and is accessed via the I-10 East Service which intersect at Tara Lane. The area is a mixture of residential and commercial development along the major streets and is near a major regional shopping center that is being redeveloped. The site
contains a total of 2.77 acres of land with 8 newly renovated multi family apartment Buildings. The entire property fronts on Tara Lane and all buildings
are security fenced with access controlled by electronic gates with key pad entry.
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