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Project Overview
The Arbor Place Apartments is a 136-unit multifamily community located in Terrytown, LA, just minutes from downtown New Orleans. The property consists of 19 buildings, all featuring two-bedroom, one-bathroom units, with an even split between units reserved for residents earning up to 60% of the Area Median Income (AMI) and unrestricted market-rate units. VPG acquired the property in March 2025 and immediately launched a capital improvement initiative focused on upgrading the leasing office, unit interiors, building exteriors, and critical infrastructure. Full stabilization was reached in Q1 2026, positioning Arbor Place as a high-quality, mixed-income asset within the Greater New Orleans rental market.

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