Michael Zarou

Michael Zarou

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More about 6001 DOWNMAN Road, New Orleans, LA 70126

Re/Max Commercial Brokers is excited to present the 117 unit Magnolia Gardens apartment complex to the market. Constructed as two garden apartment complexes in the mid-1960s, the now combined asset is located in the New Orleans East submarket, approximately 8.8 miles east of the New Orleans CBD. undergone about $670,000 in renovations, which included significant interior upgrades to 55 of 117 units (including, in many cases, new cabinetry, countertops, appliances, HVAC, and water heaters).

Property Details
Price
$3,840,000
Area No
65 New Orleans/Garden District
County
Orleans
Property Type
Commercial
Approx Age
51
Lot Description
Regular
Parking
Three or More, Lot
Area
65 New Orleans/Garden District
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IDX
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