705 N 11Th St Street N

About this listing

DESCRIPTION

Rare 16-Unit Investment Package located in Kinder, LA. High-performing multifamily opportunity located just minutes from Coushatta Casino Resortone of the regions largest employers. This well-maintained 16-unit complex features two solid brick buildings built in 2002, each containing eight identical 2-bedroom, 1-bath units. Situated on a 1.48-acre site in Flood Zone X (no flood insurance required), this property offers strong fundamentals, long-term durability, and minimal overhead. Each 882 sq ft unit features an efficient, open-concept layout with L-shaped kitchens, equipped with stove, refrigerator, dishwasher, and washer/dryer hookups. Interior finishes are investor-friendly and built to last: tile in high-traffic areas, vinyl plank in bedrooms, neutral paint, and ceiling fans throughout. All units are separately metered for electric and watertenants cover their own utilities. Recent capital improvements include a new roof in 2024, and the brick construction, double-pane windows, and pitched roofs keep operating costs low. Central parking, spacious green buffers, and excellent visibility from the road round out the physical appeal. This asset has a consistent occupancy history, and a tenant base drawn to proximity to entertainment and employment hubs. Whether you're a seasoned investor looking to add turnkey cash flow to your portfolio or seeking a foothold in the multifamily space, this 16-door property checks all the boxes for stable returns and strong upside. Need 24 hour notice for showings. Units are all occupied.