Incredible opportunity alert! This 12-unit Apartment Complex is a fantastic deal, priced below its last appraisal of $780,000. The motivated seller is eagerly awaiting your offer! The complex consists of 8 units in the 2031 3rd building and 4 units in the 2033 3rd building. The 8-unit building boasts two stories, while the 4-unit building is a single-story structure with a porch at the rear and the added benefit of some covered parking spaces. Both buildings feature covered walkways that open onto a charming courtyard nestled between them. Please note that the complex is not individually metered for gas and water. The property taxes are $1,219.34 yearly, and it's located in Flood Zone AE. The current flood policy costs $4,353 per year for the 2031 building and $2,638 per year for the 2033 building. Recent improvements include a roof replacement in 2021 for both buildings, ensuring long-lasting value and protection for your investment. Many of the units have undergone remodeling, and most are already rented. The seller is actively preparing the vacant units for rent, presenting an excellent income-producing opportunity. This is your chance to own a thriving Apartment Complex with great potential. Act now, make your offer, and secure this outstanding investment today! Don't wait; it won't be available for long.
Selling below most recent appraisal ( see attached with all information and more pictures) unit complex for sale. Remodeled 5-6 years ago with new metal roof, hardy siding, mostly new windows, new mini-splits air/heat, paint, flooring, updated kitchen and baths. All units are furnished with appliances and furniture. Unit sizes- 1 ( 3 bedroom, 2 baths), 2 ( 2 bedrooms, 1 baths), 2 (1 bedroom, 1 bath) and 1 ( efficiency). Very good condition, Apt 4 is rented currently and others are vacant. See attached insurance policy and flood policy . Located in flood zone "AE". Property has never flooded. Property is zoned business and neighborhood. Additional lot that could be sold or built on that is included with this sale. Please call listing gent for details regarding past income and expenses when all apartments are occupied. There are separate electric meters and only 1 water meter for all units. Taxes are $1500.00 yearly estimated . See attached 2022 rent rolls- owner was paying all utilities and they are all furnished.
ACADIAN OAKS APARTMENTS is a 51 unit community located near the NE corner of Lake and West McNeese Streets. This Low-Rise/Garden complex is ideally located in a very desirable area of Lake Charles. Renovations from Hurricanes Laura and Delta are complete and is now ready to welcome new tenants. McNeese State University is a short 3/4 of a mile to the east. SEE ATTACHED BROCHURE FOR MORE INFORMATION. All measurements are more or less
Investment opportunity, located in South Lake Charles. Three mobile homes located in 2430, 2436 and 2513 N. Flounder Street, one 1996 Schultz Doublewide 32x60 and two 2008 Southern Energy 16x80, all three bedrooms, two baths, laundry hookups, kitchen appliances included, attached carport. The 32x60 unit has granite countertops, double carport, boat storage, 16x36 shop with a/c and electricity, dog pin, outdoor kitchen, fish cleaning sink. All currently tenant occupied. Lot sizes are 81 x 138.8, 81 x 139.2 and 89.9 x 116 m/l.
Investment opportunity, located in South Lake Charles. Four mobile homes, all Southern Energy 16x80, all three bedrooms, two baths, laundry hookups, kitchen appliances included, attached carport. All currently tenant occupied. Plus two vacant lots ready for mobile homes. Lot sizes: 20.8x119.8, & 141.3x121.3 m/l; 0.33, & 0.39 acres; **Listing includes 7606, 7606A, 7608 7629, 7631, 7633 Ling???????????????????????????????? Rd
The median home value in Lake Charles, LA is $224,000. This is higher than the county median home value of $177,900. The national median home value is $338,100. The average price of homes sold in Lake Charles, LA is $224,000. Approximately 48.16% of Lake Charles homes are owned, compared to 34.93% rented, while 16.91% are vacant. Lake Charles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Charles real estate agent to arrange a tour today!
Lake Charles, Louisiana has a population of 83,444. Lake Charles is less family-centric than the surrounding county with 24.4% of the households containing married families with children. The county average for households married with children is 30.36%.
The median household income in Lake Charles, Louisiana is $49,913. The median household income for the surrounding county is $59,470 compared to the national median of $69,021. The median age of people living in Lake Charles is 35.6 years.
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 40.7 degrees. The average rainfall is approximately 61.9 inches per year, with 0 inches of snow per year.