313 Exchange Pl, New Orleans, LA 70130

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$6,765,000
MLS#
2524309
Status
ACTIVE
Type
Commercial
Stories
3
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.

Additional Information

Roof
Flat, Shingle
Sewer
Public Sewer
Water
Public
Heating
Central
Cooling
Central Air

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Bridgewater Realty Advisors.

IDX information is provided exclusively for consumers’ personal and non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.