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23013312
27887698

619 Clarence St, Lake Charles, LA 70601

Latter & Blum | Compass
Listed by Latter & Blum | Compass
$1,364,000
409 days on market
Updated 36 days ago
Opportunity zone

7- Unit Townhome Complex Downtown Lake Charles

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,140
Net Rentable (SqFt) 1,140
Units 7
Cap Rate 7.39%
NOI $100,800
Pro-Forma Cap Rate 7.39%
Pro-Forma NOI $100,800
Price per SqFt $1,196
Class A
Year Built 2024
Year Renovated 0
Buildings 2
Stories 2
Lot Size (SqFt) 17,250
Zoning Residential Income
Parking Spaces 20 spaces
Parking Per SqFt 17.54
Investment Type Owner/User
Ground Lease No

New Construction completed - Attention Investors! This 7-Unit Townhome Complex.

Marketing description

New Construction - Attention Investors! This 7-Unit Townhome Complex is located in the heart of Downtown Lake Charles, and offers the perfect blend of modern living and convenience. Each townhouse features 2 spacious bedrooms and 2 well-appointed bathrooms, with 1,140 square feet of high-quality, low-maintenance living space. Situated within the city limits, offering easy access to local shops, dining, and entertainment. Each unit boasts high-end finishes, creating a luxurious atmosphere throughout, and has ample parking available for residents and guests. These homes are designed with energy efficiency in mind, ensuring both comfort and cost savings. Don’t miss your chance to own this 7-unit complex that was built in the Opportunity zone, the new owners can enjoy the tax breaks for years to come. Please call or email me directly for more information. Katy Radford 337-304-3288/[email protected].

Investment highlights

New Construction - Attention Investors! This 7-Unit Townhome Complex is located in the heart of Downtown Lake Charles, and offers the perfect blend of modern living and convenience.

Listing Contacts

Latter & Blum | Compass
Listed by Latter & Blum | Compass

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$100,800.00
$8,400.00/mo

Valuation Metrics

0
DSCR
7.39%
Cap Rate
7.39%
ROI

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Additional Information

Name
Harold Miller
License
995684793
Brokerage
Latter Blum/Compass
Brokerage Phone
337-436-6639
Title
Broker of Record
Brokerage Address
1450 William St Lake Charles LA 70601
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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