4117 Woodland Dr - Dormitory FOR SALE


New Orleans, LA 70131
$12,469,600 USD
504-620-8148
4117 Woodland Dr, New Orleans, LA for Sale
$12,469,600 USD
Dormitory - FOR SALE
1/24
null | Request Cap Rate

4117 Woodland Dr
New Orleans, LA 70131


HIGHLIGHTS

  • Access to Public Transportation (Bus Stop located at front of property)
  • 1st Floor Amenities include: Landry Facility, Community Living Room, Conference Rooms, Dorm Manager's Apartment, Community Kitchen & Dining Room
  • 1st Floor Amenities include: Fully-Equipped Fitness Center & Locker Rooms, Mediation Room & Mail Room with designated address
  • Gated entrance to the campus - evenings and holidays, gated closed and access via swipecard. Property is patrolled by campus police.
  • Generator-serviced building – provides power for elevators and track lighting via a gas-lined system. Does not power HVAC.
  • Building access is via key-fob system, which can be sub-zoned for each individual and their private spaces.

OVERVIEW

Located just inside the gates of The University of Holy Cross, New Orleans, this exceptional 4-story former residence hall offers an unparalleled opportunity. Situated on 2.06 acres of land, this 60,000 SF building has been meticulously maintained since its construction in 2017. The building is being sold fully furnished, offering immediate functionality for high-demand housing needs, resident-style living, or medical rehab facilities. The historic Algiers neighborhood and the University of Holy Cross campus offer a serene, unique, community-focused environment with oak-draped green spaces. The facility is within close proximity to area retailers, golf, and recreation activities. Downtown New Orleans (15 minutes), Amtrak New Orleans Station (15 minutes), Louis Armstrong Airport (25 minutes), just minutes to the Plaquemines Parish line - Westbank. The historic Algiers neighborhood and the University of Holy Cross campus offer a serene, unique, community-focused environment with oak-draped green spaces. The facility is within close proximity to area retailers, golf, and entertainment. Downtown New Orleans (15 minutes), Amtrak New Orleans Station (15 minutes), Louis Armstrong Airport (25 minutes), just minutes to the Plaquemines Parish line - Westbank. A public bus stop is just steps away from the building on Woodland Dr.

FOR SALE DETAILS

PRICE

$12,469,600 USD

PRICE/SF

$208 USD /SF

# OF UNITS

72

PRICE/UNIT

$173,189

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Campus Residence Hall For Sale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Dormitory

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2017

PARKING SPACES

62

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,734 SF

ZONING

ECD

APN/PARCEL ID

4117-WOODLANDDR

ASK ABOUT THIS PROPERTY

Melissa WarrenStirling PropertiesMore Info
504-620-8148

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Melissa WarrenStirling PropertiesMore Info
504-620-8148

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.