703 Mallard St St, Kinder, LA 70648

$3,200,000

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List Price
$3,200,000
Status
ACTIVE
Days on Market
359
MLS#
SWL25100351
Subtype
CommercialSale
Year Built
1980
Lot Size
8
Acres
8.46
MLS Area Major
Other

Property Description

Prime investment opportunity in Kinder near the Coushatta Casino featuring a 61-unit apartment complex with strong income and proven cash flow. The property consists of 32 brick-on-slab duplex-style buildings, including 6 one-bedroom units, 46 two-bedroom units, 8 three-bedroom units, and one 2-bedroom house. All units have one full bathroom, a full kitchen, living room, and separate bedrooms—designed for tenant comfort and ease of maintenance. With shingle roofs and two dedicated parking spaces per unit, this complex benefits from low maintenance costs and excellent tenant convenience. The property maintains high occupancy rates, generating consistent revenue with low operating expenses, resulting in a high cap rate and attractive return on investment. Ideal for investors seeking a stable, turnkey multifamily asset in a growing market with strong rental demand. Don’t miss this opportunity to add a high-performing portfolio to your investment holdings. Most units are occupied so need 24 hour notice for showings.

Additional Information

Heating
Central
Air Conditioning
Central Air, Ceiling Fan(s)
Roof
Shingle

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Ingle Safari R.