703 Mallard St Street
$3,200,000
703 Mallard St Street Kinder, LA 70648
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About this listing
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 bedroomsdesigned 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. Dont miss this opportunity to add a high-performing portfolio to your investment holdings. Most units are occupied so need 24 hour notice for showings.
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Lot Area
8.46 acres
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Year Built
1980
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Zoning
Commerc
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MLS ID
SWL25100351
