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    2505 Rhua Dr Sulphur, LA 70663

    New
    For Sale
    $1,150,000

    Traditional, Apartment - Sulphur, LA

    Type:Apartment
    Lot size:
    0.78 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 6:06 am

    Property Features for 2505 Rhua Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    APN
    00763837
    Pool private
    1
    Interior features
    Shower In Tub
    Exterior features
    Back Yard, Front Yard, Irregular Lot, Pool, None
    Appliances
    Range, Refrigerator
    Lot size
    0.78 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1988
    Floors in Building
    2
    Number of units
    20
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    New Traditional

    Coldwell Banker Ingle Safari Realty (337) 478-1601 [email protected]

    Listing agent Robbie Ingle (337) 478-1601 License #912122392

    Listing date Dec 3, 2025

    MLS# 24007174 Listing URL

    Copyright © 2025 Southwest Louisiana Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable 20-Unit Apartment Complex

    This is a 20-unit apartment complex located in the Maplewood area of Sulphur, Louisiana, near I-10. The property consists of five separate buildings, each featuring 2-bedroom, 1-bathroom units with an open floor plan. The owner is responsible for water and trash expenses, while each unit is individually metered for electricity. Post-hurricane updates include new roofs and extensive interior remodels across most units, featuring fresh paint and modern finishes. The property is located in flood zone X, meaning there is no mandatory flood insurance. The property generates approximately $15,000 in total monthly revenue when fully occupied, with rents set at $750 per unit per month. Two units are undergoing preparations for new tenants and are available for showing on short notice via lockbox. The annual property taxes are $4,032. This investment property boasts a strong cash flow with low vacancy rates. The property sits on a 0.775-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sulphur
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.348719
    Latitude
    30.232794

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    FAQs

    What type of property is this?
    Apartment building - Profitable 20-unit apartment complex in Sulphur, Louisiana.
    Where is this apartment building located?
    The property is located at 2505 Rhua Dr Sulphur, LA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Strong cash flow with low vacancy rates, generating approximately $15,000 in total monthly revenue when fully occupied.; - Located in flood zone X, eliminating the need for mandatory flood insurance.; - Post-hurricane updates include new roofs and extensive interior remodels with fresh paint and modern finishes.
    (337) 478-1601
    Request Owner's contact information
    2505 Rhua Dr Sulphur, LA 70663
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    Sulphur, LA 70663
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2505 Rhua Dr Sulphur, LA 70663
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