16-Unit Extended Stay
356 Invader Street Sulphur, LA 70663
For Sale
$2,290,000
COMMERCIAL - Sulphur, LA
Property Size11,562 SF
Lot Size0.89 Acres
Price / SF$198.06
Days on Market275
Property Features for 356 Invader Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Residential
- Parking features
- Parking Lot
- Exterior features
- Partially Fenced, Outside Storage, Storage Building
- Fencing
- Partial
- Standard status
- Active
- APN
- 00762105
- Size
- 11,562 SF
- Lot size
- 0.89 Acres
Taxes and HOA fees
- Tax Description
- @031010-0469- 0002 0000 @031010-0469- 0003 0000 @031010-0469- 0004 0000 LOTS 2,3,4 E W DUNNAM ADD -356 INVADER ST- H/S ON IMPS AND 4 LOT -356 1/2 INVADER ST IMPS/REC-16 UNIT APT ''DELAINE APTS'' (M/H AND H/S ON LOT 4)
Utilities
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Floors in Building
- 2
- Flooring type
- Carpet - Full, Tile
- Roof type
- Composition
- Additional Structures
- Storage
Listing Agency:
Parish Realty Acadiana
(337) 735-1223
Listed By:
Macie Chauffe Northcutt · License #995683410
(337) 298-5305
Added: Oct 25, 2025
Changed: Jun 24
Last Checked: Jul 26 at 6:06AM
MLS# 2500004913
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Sulphur Suites is a 16-unit apartment property configured for extended stays, totaling 11,562 square feet on a 0.89-acre site. The property is described as operated and maintained by an experienced on-site team, with management supported by a website and online booking platform. The offering also notes recent property improvements.
Located at 356 Invader Street in Sulphur, Louisiana (Calcasieu Parish), the asset is positioned in Sulphur’s industrial corridor, aimed at meeting housing needs for regional plant workers, contractors, and traveling professionals.
For buyers seeking a turnkey multifamily arrangement with an extended-stay operating model, the combination of unit count, on-site operations, and online booking support is the core fit. The residential zoning designation should also be considered when evaluating tenant and use plans for the property.
Located at 356 Invader Street in Sulphur, Louisiana (Calcasieu Parish), the asset is positioned in Sulphur’s industrial corridor, aimed at meeting housing needs for regional plant workers, contractors, and traveling professionals.
For buyers seeking a turnkey multifamily arrangement with an extended-stay operating model, the combination of unit count, on-site operations, and online booking support is the core fit. The residential zoning designation should also be considered when evaluating tenant and use plans for the property.
Key Highlights
- Stabilized, income‑generating asset with immediate cash flow.
- Suited for regional plant workers, contractors, and traveling professionals.
- Operated by an experienced on‑site team.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $131.8k | $11.40 |
| − Vacancy | −$9.0k | −$0.78 |
| EGI | $122.8k | $10.62 |
| − OpEx | −$55.3k | −$4.78 |
| NOI | $67.6k | $5.84 |
11,562 SF · lease $11.40/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$965.2K
$844.6K – $1.13M
NOI $67,564 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.49M
$2.18M – $2.91M
NOI $174,453 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
De Laine
Atm
FAQs
What type of property is this?
Apartment building - 16-unit apartment property operated with an on-site team and managed via online booking for extended-stay guests.
Where is this apartment building located?
The property is located at 356 Invader Street Sulphur, LA.
What is the asking price?
The asking price for this property is $2,290,000.
What are key features of this property?
This property features: Stabilized, income‑generating asset with immediate cash flow.; Suited for regional plant workers, contractors, and traveling professionals.; Operated by an experienced on‑site team.
