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Lumiere

Posted: 12/20/2021
336 Units
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Lumiere

About

About Lumiere

The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 336-unit Lumiere apartment community located in Metairie, East Jefferson Parish, Louisiana. This asset is situated in the highly affluent Metairie submarket, boasting upscale demographics, high household income and limited apartment deliveries due to barriers to entry. Positioned just off of I-10 N, Lumiere is surrounded by 10M SF of office space and high end retail, including Lakeside Shopping Center. With nearly all units renovated with luxury features, a new owner can upgrade the remainder units to increase rent premiums across the property. Built in 1975, Lumiere represents an outstanding opportunity to invest in a turn-key asset with remaining upside in the affluent Metairie submarket.