703 Mallard St ST, Kinder, LA 70648
703 Mallard St ST, Kinder, LA 70648
703 Mallard St ST, Kinder, LA 70648
703 Mallard St ST, Kinder, LA 70648
703 Mallard St ST, Kinder, LA 70648
703 Mallard St ST, Kinder, LA 70648
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Stacy Monceaux

Stacy Monceaux

+1(337) 532-0206
Listed by Coldwell Banker Ingle Safari R
$ 3,200,000
Est. payment | /mo

53,693 SqFt

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$ 3,200,000
Est. payment | /mo
Save Virtual Tour

53,693 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 53,693 sqft

Price per Sqft $59

MLS Listing ID SWL25100351

HOA Y/N No

Year Built 1980

Tax Year 2025

Lot Size 8.460 Acres

Acres 8.46

Lot Dimensions 445 x 908 m/l

Property Sub-Type Multi Family

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.

Location

State LA

County Allen

Area Other

Zoning Commercial

Direction I-10 E and US-165 N to Dove St, Turn right onto Dove St, Turn Left onto Mallard St

Interior

Heating Central

Cooling Central Air, Ceiling Fan(s)

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Inside

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Water Access Desc Public

Roof Type Shingle

Total Parking Spaces 122

Building

Lot Description 6-10 Units/Acre, City Lot

Story 1

Water Public

Others

Tax ID 0220062350

Special Listing Condition Standard

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Stacy Monceaux

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(337) 532-0206

stacymonceaux2015@gmail.com

1985 Charles Breaux Road, Lake Charles, Louisiana, 70615, USA

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703 Mallard St ST