14590 Hwy 165th Hwy, Kinder, LA 70648

$1,750,000

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List Price
$1,750,000
Status
PENDING
Days on Market
380
Price Change
▼ $353,000 1758136360
MLS#
SWL25100007
Subtype
ResidentialIncome
Style
Traditional
Year Built
1996
Lot Size
3
Acres
3
MLS Area Major
Other

Property Description

Discover a prime investment opportunity with this well-maintained apartment complex located on the south side of Kinder. Built in 1996 and renovated in 2023, this 25-unit property sits on two acres, with an additional one-acre lot on the south side perfect for expansion, resale, or endless possibilities. The complex features a mix of 6 - 1BR/1BA, 18 - 2BR/2BA, and 1 - 3BR/2BA units. Each apartment boasts modern stainless steel appliances, laminate wood floors, ceramic tile in bathrooms, ceiling fans, split A/C and heat units, and neutral color, creating a contemporary and comfortable living environment. The property includes 107 parking spaces along with 4 handicap-accessible spots, and there is a laundry facility that generates additional income. Each unit has its own electric and water meter, and the owner covers garbage pickup and grounds maintenance. The complex is equipped with a fire sprinkler system, installed and approved by the fire marshal, ensuring safety and compliance. With an impressive 98% occupancy rate and a strong rental history, this complex offers a stable income stream and significant future potential. This versatile property combines modern upgrades, desirable amenities, and a strategic location — making it an exceptional opportunity for investors looking to expand their portfolio.

Additional Information

Interior Features
Ceiling Fans, Open Floor Plan, Tub Shower
Property Description
Traditional
Appliances
Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Dryer, Washer
Heating
Electric
Air Conditioning
Ceiling Fan(s), Electric
Roof
Metal

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Century 21 Bono Realty.