We bought this 6 Plex with tenants in As Is condition

We recently purchased a six-plex rental property in Old Algiers on the West Bank of Orleans Parish. The seller was looking to wind up a property partnership and wanted a clean, fast sale without the headaches of traditional listings. Since our property manager was already managing the building, the transition was smooth and the seller was able to walk away quickly with cash in hand.

This deal closed in just 10 days, proving again that Home Buyer Louisiana can step in when owners need speed, certainty, and simplicity. The building wasn’t in perfect condition—it had some deferred maintenance but that didn’t matter. We buy properties in any condition, whether they need repairs, have tenant issues, or come with complex ownership arrangements.

Why Sellers Choose Us for Multifamily Properties

Selling a 6-plex or other multifamily building in New Orleans through traditional channels can be stressful. Realtors often require updates, inspections, and showings with tenants, which makes the process slow and complicated. Banks add another layer of delays with appraisals and financing.

At Home Buyer Louisiana, we remove those barriers:

• We buy multifamily properties as-is. No need to repair, renovate, or even clear out tenants.
• We pay cash and close quickly. This Algiers 6-plex closed in just 10 days.
• We handle tenants and leases. Our team communicates directly with tenants, so you don’t have to.
• We buy across Greater New Orleans. Whether in Algiers, Gretna, Harvey, Marrero, or other parts of the West Bank, we make multifamily sales simple.

Hear about this purchase

Watch the video of Steve at the property or read the video transcript below.

Hey, guys, it’s Steve from Home Buyer Louisiana. We buy houses in any condition in Louisiana. I’m here at a property we closed on two days ago. So this is a six-plex on the West Bank of Orleans Parish in Old Algiers. So this one is interesting. My property manager actually owned this property in partnership with someone else and he was looking to wind up that partnership and wanted to sell it.

We agreed to purchase it all cash in as-is condition. We closed on it in 10 days as he wanted to get out of it. We bought it in As-Is Condition. It’s not too bad condition. There are a few things to fix with some deferred maintenance, but not too much.

We love rentals and this is a good rental. Our property manager was already managing it, so this made it a pretty easy transition. So he’s still managing it. But now we own the property and he’s out of that partnership. We do buy multifamily like this. We also buy single families. So if you want to sell I would definitely be buying. You know, when we buy it from you, we’re really easy to deal with. We’re all cash. You don’t need to wait around for bank approvals, inspections, appraisals, all that stuff. We move fast and so you can sell your house fast. We buy in as-is condition. So we don’t mind if there’s repairs to make. You know, this one isn’t too bad—it was more about speed, which is what the seller wanted.

And just easy, you know, he knew me so knew it wasn’t easy. Say otherwise though. Like if your house needs repairs, that’s fine. We make repairs. We understand it’s hard to sell when you need repairs. But as an investor, we’re not looking to move in. So we’re not looking at the house going, hey, this is beautiful like we want to live there. We’re looking and saying, hey, we see what it could be. We see the potential. So we’re fine to get in, make repairs, fix it up, get it ready for either a new tenant or we’ll sell it, you know, flip it to a new owner. So, look, reach out to us. You can check out all information and ask questions on our site homebuyerlouisiana.com. Thanks, guys. Have a great day.

Selling Your Multifamily or Rental Property?

If you own a duplex, triplex, fourplex, or larger building and are ready to sell, Home Buyer Louisiana can help. We buy properties in Orleans Parish, Jefferson Parish, St. Bernard Parish, St Tammany Parish, Baton Rouge  and the MS Gulf Coast. Whether your property is fully rented, partly vacant, or in need of major repairs, we’ll give you a fair cash offer and handle all the details, including tenants and title work.