Courtesy: Amanda Miller Realty, LLC
Amanda Miller
504-250-0059
Stunning Renovated Old Arabi Tri-plex investment property! Perfect property to add to your investment portfolio or owner occupy in the desired Old Arabi Community! All units have light wood colored floors throughout & white paint, that brightens the spaces. Unit A has a gourmet kitchen with white cabinets and counters, and the luxurious bathroom has a claw foot soaking tub, with mosaic flooring, and subway tiles on the walls. Large yard and Gazebo in the backyard. Located in Flood Zone X. Owner pays utilities and includes in rental amounts.
Courtesy: Compass Uptown (LATT07)
Liz Tardo
504-723-4011
Opportunity Awaits in Old Arabi! This unique 7-bedroom property consists of a spacious 4-bedroom beautiful main house with 1716 living area and a 3-bedroom 2 bath back apartment. Low maintenance, offering an excellent option to either owner occupancy or as a cash flow investment. Located in the vibrant community of Arabi, just minutes from New Orleans, this property is a great opportunity to tap into the charm of Old Arabi while being steps to local attractions. Don’t miss out on this well-maintained, income-generating property with tons of potential.
Courtesy: Bridgewater Realty Advisors, LLC
Mason McCullough
504-298-8631
8.27% cap rate on actual NOI! 10.71% pro forma cap rate. The Arabi Townhomes is a well-maintained 60-unit apartment community located at 1205 Mehle St in Arabi, LA. Offering 60 spacious two-bedroom, 1.5-bathroom units, this property is 100% occupied, providing a solid, stable income stream. $54,525 per month gross income - far exceeds 1% rule. Recent market rent comparables indicate that with minor cosmetic updates, the units can command $1,100 per month, unlocking additional revenue potential. This property has been expertly managed and maintained, with a historically high occupancy rate, making it an excellent choice for investors seeking both reliable cash flow and value-add potential for even greater returns. Arabi, LA, is a charming and rapidly developing community located just minutes from New Orleans, offering a unique blend of suburban tranquility and urban accessibility. With its proximity to major highways and the historic French Quarter, Arabi offers the perfect balance of suburban living with easy access to the bustling city, making it a highly desirable location for both tenants and investors alike.
Arabi is located in Louisiana. Arabi, Louisiana has a population of 4,080. Arabi is more family-centric than the surrounding county with 29.34% of the households containing married families with children. The county average for households married with children is 25.77%.
The median household income in Arabi, Louisiana is $51,157. The median household income for the surrounding county is $52,538 compared to the national median of $69,021. The median age of people living in Arabi is 37.8 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 45.4 degrees. The average rainfall is approximately 65.5 inches per year, with 0 inches of snow per year.
