Share This Listing

Message

929 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Campus Residence Hall For Sale 4117 Woodland Dr 72 Unit Dormitory $13,824,999 CAD ($192,014 CAD/Unit) New Orleans, LA 70131

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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 2018. 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.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $13,824,999 CAD
Price Per Unit $192,014 CAD
Sale Type Investment
No. Units 72
Property Type Multifamily
Property Subtype
Dormitory
  • Multifamily Apartments
Apartment Style Mid-Rise
Building Class B
Lot Size 2.06 AC
Building Size 70,000 SF
No. Stories 4
Year Built 2018
Parking Ratio 1.03/1,000 SF
Zoning ECD - Educational Campus District: Uses include residential, short-term rental, group living, commercial, retail, hospitality, institutional, & medical.

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Heating
  • Eat-in Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Wi-Fi
  • Freezer
  • Island Kitchen

SITE AMENITIES

  • Fitness Center
  • Laundry Facilities
  • Property Manager on Site
  • Security System
  • Furnished Units Available
  • Community-Wide WiFi
  • Conference Rooms

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 39 - 220
2+1 29 - 463 - 700
4+2 5 - 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5-13-8-039-77
Land Assessment
$63,063 CAD
Improvements Assessment
$2,608,910 CAD
Total Assessment
$2,671,973 CAD
  • Listing ID: 34506463

  • Date on Market: 2025-01-16

  • Last Updated:

  • Address: 4117 Woodland Dr, New Orleans, LA 70131

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}