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    703 Mallard St Kinder, LA 70648

    For Sale
    $3,200,000

    Multi Family - Kinder, LA

    Type:Multi Family
    Lot size:
    8.46 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 703 Mallard St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    Multifamily
    APN
    0220062350
    Parking
    122
    Exterior features
    6-10 Units/Acre
    Lot size
    8.46 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1980
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

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

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

    Listing date Aug 19, 2025

    MLS# 351 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

    61-Unit Apartment Complex Investment

    This property in Kinder, Louisiana, presents an investment opportunity near the Coushatta Casino. It features a 61-unit apartment complex with established income and cash flow. The complex comprises 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. Each unit includes one full bathroom, a full kitchen, a living room, and separate bedrooms. The property, situated on 8.46 acres, features shingle roofs and two dedicated parking spaces per unit. The complex maintains high occupancy rates, generating consistent revenue with low operating expenses. This multifamily asset is suitable for investors seeking a stable, turnkey property in a market with rental demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Karam's Landing Apartment Building

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kinder
    County
    Allen
    State
    Louisiana
    Longitude
    -92.851883
    Latitude
    30.492353

    Nearby Similar for Sale

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      Well-maintained 16-unit complex near Coushatta Casino Resort.
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    • $850,000
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      16-Unit Multifamily Investment Opportunity

      Well-maintained 16-unit complex near Coushatta Casino Resort.
      705 N 11Th St N Kinder, Kinder, LA 70648
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    • $480,000
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    • $275,000
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      Multifamily Property in Kinder, LA

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    • $3,200,000
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      61-Unit Apartment Complex Investment

      61-unit apartment complex near Coushatta Casino with strong income.
      703 Mallard St St, Kinder, LA 70648
      View Details
    • $480,000
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      Mobile Home Park with Expansion

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      View Details

    FAQs

    What type of property is this?
    Apartment building - Kinder, LA: 61 units, strong income, proven cash flow.
    Where is this apartment building located?
    The property is located at 703 Mallard St Kinder, LA.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Strong income and proven cash flow from a 61-unit apartment complex near the Coushatta Casino.; - High occupancy rates, generating consistent revenue with low operating expenses and a high cap rate.; - Turnkey multifamily asset ideal for investors seeking stable returns in a growing market with strong rental demand.
    (337) 478-1601
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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
    703 Mallard St Kinder, LA 70648
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