Apartments for Sale

New Orleans 4 Portfolio

Under agreement

New Orleans 4 Portfolio

New Orleans, LA – 1,512 units

Larry G. Schedler & Associates, Inc. and the Cushman & Wakefield Sunbelt Multifamily Advisory Group are pleased to present the exclusive listing of the New Orleans 4 Portfolio – a collection of 1,512 units across four apartment communities in New Orleans, LA. Located just 15 minutes from Downtown, the assets are situated within a 3-mile radius along I-10, in the East New Orleans Opportunity Zone. Through a multi-agency revitalization initiative, East New Orleans is reclaiming its status as a vibrant part of the city. The coordinated approach is centered around infrastructure improvements, business growth and community engagement. Exceptional connectivity provides residents direct access to region-leading healthcare hubs, including the 80-bed New Orleans East Hospital, as well as NASA’s Michoud Assembly Facility and the U.S. Coast Guard Base New Orleans. The New Orleans 4 are available as a Portfolio or on an individual basis.


Chateau Cleary: 104 Units, Built in 1970, average unit size 883 square feet, 91,830 rentable square feet, 99% occupancy, 3.1 acres, $1.33 average rent per square foot, $1,172 average market rent, located at 3900 S I-10 Service Road West in Metairie, Louisiana 70001

under agreement

Chateau Cleary

Metairie, LA – 104 units

Larry G. Schedler & Associates, Inc. and the Cushman & Wakefield Sunbelt Multifamily Advisory Group are pleased to present the exclusive listing of the 104-unit Chateau Cleary apartment community located in Metairie, LA. Steady migration from in-town New Orleans to Metairie fuels housing demand, driving single-family home prices as well as asking rents which are expected to climb nearly 13% by 2030. Just 15 minutes from the heart of Downtown, residents enjoy a dynamic lifestyle amenity mix with immediate access to the $250M Clearview mixed-use redevelopment and Lakeside Mall, the MSA’s largest shopping center. The property is embedded amongst premier medical facilities including the 126-bed Lakeside Hospital (<1 mile west), the 420-bed East Jefferson General Hospital (1.3 miles northwest) and the 767-bed Ochsner Medical Center – NOLA, Louisiana’s #1 ranked hospital for 13 consecutive years (<3 miles).


Mansions at Ivy lake

Under Agreement

The Mansions at Ivy Lake

Gonzales, LA – 240 units

Larry G. Schedler & Associates, Inc. and the Cushman & Wakefield Sunbelt Multifamily Advisory Group are pleased to present the exclusive listing of the 240-unit Mansions at Ivy Lake apartment community located in Gonzales (Baton Rouge MSA), Louisiana. Built in 2008, most units retain their original finishes, presenting a prime renovation opportunity for new ownership. The property offers a favorable HUD loan assumption with over 35 years remaining at a remarkable 2.47% interest rate. Strategically located south of Baton Rouge, adjacent to I-10, the asset provides excellent access to major employment hubs, renowned for expertise in the healthcare, education and technology sectors. The suburb of Gonzales maintains a young, affluent population with an average age of 35 years old and a median household income of $100K+. In addition to job accessibility, the area boasts numerous high-quality retail centers, totaling over 4.5M SF in a 5-mile radius of the property.


River House

For Sale

River House

Baton Rouge, LA – 266 units

Larry G. Schedler & Associates, Inc., Cushman & Wakefield’s Student Housing Team, and Sunbelt Multifamily Advisory Group are proud to present the exclusive listing of River House Apartments, a premier 266-unit, 322-bed community in Downtown Baton Rouge, LA. Strategically positioned within 7.1 million square feet of office space and adjacent to I-10, the property offers seamless connectivity to Baton Rouge’s key employers. Just one mile from Louisiana State University, River House was developed in two phases (2018 and 2022) and presents a rare opportunity to acquire a Class A asset with built-in value-add potential in a prime live-work-play environment.

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