313 Exchange Pl, New Orleans, LA 70130
- $6,765,000
- 34
- BD
- 20,010
- SqFt
- List Price
- $6,765,000
- Price Change
- ▼ $505,000 1789593529
- MLS#
- 2524309
- Status
- ACTIVE
- Type
- Multifamily
- Style
- Creole, French Provincial
- Stories
- 3
- Bedrooms
- 34
- Living Area
- 20,010
- Parish
- Orleans
Property Description
Actual gross rent of $44,550 per month. 20 of 22 units leased, reach out to agent for rent roll and financials. Seller financing available. This (6) building, 22-unit portfolio offers a rare, generational opportunity to acquire a strategically located mix of commercial, multifamily, and residential assets in the heart of the French Quarter—one of the most supply-constrained and historically stable submarkets in the region. The portfolio includes a majority of residential apartments complemented by ground floor commercial spaces, with several properties on the National Historic Registry. Seller financing available, 30 yr AM, 5-7 yr balloon, min. 20% down, rate negotiable. The properties showcase extensive recent capital improvements while preserving their historic charm. 525 Conti features brand-new roof, 1524 St. Mary St has new gutters, 307 Exchange has a new elevator, and 522-24 Burgundy St includes an award-winning renovation. Additional highlights include new renovations for most units and the courtyard interior at 307 Exchange —where Edgar Degas painted and where a commemorative plaque remains on the exterior. All assets occupy prime locations within historically protected districts that benefit from year-round foot traffic and limited new construction. These properties have consistently attracted successful commercial tenants and long-term residential tenants, ensuring stable occupancy and proven demand. Historic architecture combined with modernized systems and recent renovations supports ongoing operational viability and long-term appreciation making this portfolio a once in a lifetime opportunity.
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Additional Information
- Exterior Features
- Balcony
- Roof
- Flat, Shingle
- Sewer
- Public Sewer
- Water
- Public
- Heating
- Central
- Cooling
- Central Air
Mortgage Calculator
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