SVN | Urban Properties is Now Leasing One & Two Bedroom Units at the Studio Arms Apartments
New Orleans (November 1, 2022) – Urban Properties Real Estate, LLC, a New Orleans-based commercial brokerage, property management and development firm, has completed the full renovation of the Studio Arms Apartments, a three-story multi-family property located at 261 Jules Avenue off of Jefferson Highway near Ochsner Health System’s main campus.
The ribbon cutting ceremony will take place on November 14th at 11 a.m. with Councilman Deano Bonano in attendance.
Urban Properties began the renovation of the 37-unit apartment building last fall. The updated building offers modern units and amenities in an area that lacks updated options. The existing structure was built in 1962, totaling 21,000 square feet on one-half acre of land in Jefferson Parish.
Michael Bucher, Partner and Managing Director at Urban Properties, led the acquisition of the property and its renovation. “Studio Arms adds the first multi-family property to our real estate portfolio. We thought this was an excellent opportunity to meet the housing demand for area healthcare workers near Ochsner’s largest hospital system.” said Bucher.
CICADA was the architect on the project and Reeves Construction Group was the contractor. Urban Properties handled the project management of the entire renovation process. SVN | Urban Properties is currently leasing the units and then will oversee property and asset management of the property. For leasing information, please call: (504) 264-6141 or visit www.studioarms.com.
