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Four Corners Development Group Pays Top Dollar for New Luxury Apartments on New Orleans’ West Bank

Stoa Group Sells 360-Unit Apartment Complex in Deal Reported To Be the Largest Private Investment Ever Recorded in Jefferson Parish
Stoa Group sold the 360-unit multifamily complex at 1499 Central Park Blvd. in Harvey for $180,556 per unit. The rental property was 97% occupied at the time of sale. (CoStar)<br>
Stoa Group sold the 360-unit multifamily complex at 1499 Central Park Blvd. in Harvey for $180,556 per unit. The rental property was 97% occupied at the time of sale. (CoStar)
By Deema Khalefa
CoStar Research
April 12, 2024 | 8:10 P.M.

Stoa Group, a Louisiana-based multifamily construction company, sold the 360-unit multifamily community located in Harvey, Louisiana, formerly the Waters at Manhattan for $65 million or approximately $180,000 per unit.

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