The Arbors Estates: Residential Development for Sale

Vacant Land for Sale
Catylist Listing ID: 30329245
Property Subtypes: Residential (Single Family)
Gross Land Area: 90 Acres
Sale Price: $4,250,000
Unit Price: $47,222 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2018

Overview / Comments

Amazing opportunity to develop the remaining 60 lots in the Arbors Estates Subdivision. The Arbors is a beautiful gated community located in Lower Algiers, just 12 minutes from the CBD.

There are currently 60 home sites available with lots ranging from 0.5 to 1+ acre in size

Infrastructure, including roads, cul-de-sacs, streetlights, signage, guard house, security gates and drainage are all in place. The property also has two large ponds which border many of the lots.

Other amenities include:
Keypad entry security gates
Accessibility to New Orleans CBD via Woodland Hwy and General DeGaulle
Reciprocity agreement with English Turn Country Club
Consultations with a community Arborist who will survey your property and instruct you on how to care for the natural landscaping

See www.arborsestates.com for additional info.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Westbank
Taxing Authority: Orleans Parish
Tax ID/APN: 41201242
Zoning: S-RS SUBURBAN RESIDENTIAL SINGLE-FAMILY DISTRICT
Property Located Between: English Turn Pkwy & River Rd.
Property Visibility: Excellent
Largest Nearby Street: LA-406
Water Service: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 45,686 141,167
Median Age: 34.89 35.41
Households: 17,107 52,389
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.