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23132915
27889212

400 10th St, Lake Charles, LA 70601 For Sale

KR
LA 995685798
Latter & Blum / Compass
HM
CA 00403837
Latter & Blum | Compass
Listed by Latter & Blum / Compass, Latter & Blum | Compass
$1,088,000
449 days on market
Updated 46 days ago

4 Unit Townhome 10th St Complex

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 6,424
Units 4
Cap Rate 0.5%
NOI $5,400
Occupancy 75%
Pro-Forma Cap Rate 7.94%
Pro-Forma NOI $86,400
Price per SqFt $169
Broker Co-Op No
Year Built 2024
Buildings 2
Stories 2
Acreage 0.350
Zoning Residential Income
Ground Lease No

Multifamily | 4 Units | $272,000/unit

Marketing description

NEW CONSTRUCTION completed! Multi Family 4 unit townhome for sale is a fantastic investment opportunity! The rental income potential is very promising with providing a steady stream of revenue for the owner. Two units have 3 bedrooms, 2.5 bathrooms and the other two units have 2 bedrooms, 2.5 bathrooms, and two of the units have your own private garage. Custom finishes, custom cabinets, granite in kitchen and baths, stainless appliances, balconies on the front and back of the townhomes. This stylish and efficient living design is sure to attract tenants seeking both comfort and convenience. Schedule your viewing today! Please call or email me directly for more information. Katy Radford 337-304-3288/katy.radford@compass.com.

Investment highlights

Multi Family 4 unit townhome for sale is a fantastic investment opportunity! The rental income potential is very promising with providing a steady stream of revenue for the owner.

Listing Contacts

KR
LA 995685798
Latter & Blum / Compass
HM
CA 00403837
Latter & Blum | Compass
Listed by Latter & Blum / Compass, Latter & Blum | Compass

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$5,400.00
$450.00/mo

Valuation Metrics

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DSCR
0.5%
Cap Rate
0.5%
ROI

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Additional Information

Name
Katy Radford
License
995685798
Brokerage
Compass Lake Charles
Brokerage Phone
3373043288
Brokerage Address
1450 William Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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