Villas at Emerald Park

Posted: 9/8/2017
SOLD
69 Units
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Villas at Emerald Park
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Villas at Emerald Park
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Villas at Emerald Park
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Villas at Emerald Park
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Villas at Emerald Park
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Villas at Emerald Park
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Villas at Emerald Park
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Villas at Emerald Park
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Villas at Emerald Park

About

About Villas at Emerald Park

Offers due:  Wednesday, October 18, 2017

The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates are pleased to present the exclusive listing of the 69-unit Villas at Emerald Park apartment community located in Gretna, Jefferson Parish, Louisiana. This asset is situated in the high barrier-to-entry Jefferson Parish apartment submarket, characterized by limited new deliveries and strong organic rent growth. With such limitations on new multifamily, occupancy and rent have continued to climb, leading to a strong historical property performance, highlighted by a 9% increase in rental income since July 2016. Villas at Emerald Park is an excellent opportunity to acquire a well-performing asset in the New Orleans metro.