Multifamily Income Property with
866 Mouton Road Sunset, LA 70584
866 Mouton Road, Sunset, LA, 70584
$450,000
For Sale
$450,000
MULTI_FAMILY - Sunset, LA
Property Size3,500 SF
Lot Size16.80 Acres
Price / SF$128.57
Days on Market17
Property Features for 866 Mouton Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Rooms
- Bedroom 8, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 6, Bathroom 4, Bedroom 1, Bedroom 9, Bedroom 7, Bedroom 2, Bedroom 5, Bathroom 3
- Parking
- 20
- Parking features
- On Street, Carport, Covered
- Patio and Porch features
- Porch
- Interior features
- Electric Dryer Connection, Electric Stove Connection, Electric Washer Connection
- Exterior features
- Porch
- Appliances
- Refrigerator, Electric Range
- Standard status
- Active
- APN
- 0201518052a
- Size
- 3,500 SF
- Lot size
- 16.80 Acres
Taxes and HOA fees
- Tax Description
- 16.7957 AC TRACT 2 FRONTING ON MOUTON RD IN SEC 13 T-8S R-3E 1220880
Utilities
- Sewer type
- Septic Tank
- Heating system
- Zoned, Wall Furnace
- Cooling system
- Window Unit(s), Ceiling Fan(s)
- Water source
- Public
Building Details
- Floors in Building
- 1
- Number of units
- 5
- Flooring type
- Tile, Laminate, Vinyl
- Building materials
- Vinyl Siding, HardiPlank Type
- Roof type
- Composition, Metal
- Additional Structures
- RV/Boat Storage
Listing agency
Compass
(337) 233-9700
Listed by
Mikaela Wiggins · License #995707173
(720) 299-2400
Added: Jul 6 Updated: Jul 15 at 5:36AM Checked: Jul 22 at 1:06PM
MLS# 2600006137
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.
This for-sale multifamily and residential income property features multiple income-producing components on 16.8 acres, including four detached homes, leased camper hookups, and a rented metal shop. The site also includes a producing oil well, with mineral rights reserved by the seller for the first 10 years.
The property is located at 866 Mouton Road in Sunset, Louisiana 70584, within St. Landry Parish.
The offering is presented as five income-producing properties in total, providing a diversified setup across residential units, camper hookups, and an on-site commercial structure, alongside the oil well component with the stated mineral-rights reservation.
The property is located at 866 Mouton Road in Sunset, Louisiana 70584, within St. Landry Parish.
The offering is presented as five income-producing properties in total, providing a diversified setup across residential units, camper hookups, and an on-site commercial structure, alongside the oil well component with the stated mineral-rights reservation.
Key Highlights
- 16+ acres with multiple income sources: four detached homes, leased camper hookups, a rented metal shop, and a producing oil well
- Mineral rights reserved by seller for the first 10 years (oil well on‑site)
- Public water with septic tank sewer service
Local 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 | $35.7k | $10.20 |
| − Vacancy | −$2.0k | −$0.56 |
| EGI | $33.7k | $9.64 |
| − OpEx | −$15.2k | −$4.34 |
| NOI | $18.6k | $5.30 |
3,500 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$265.1K
$231.9K – $309.3K
NOI $18,555 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$528.0K
$462.0K – $616.0K
NOI $36,960 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
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FAQs
What type of property is this?
Apartment building - Property includes four detached homes, camper hookups, a metal shop, and a producing oil well on 16.8 acres.
Where is this apartment building located?
The property is located at 866 Mouton Road Sunset, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 16+ acres with multiple income sources: four detached homes, leased camper hookups, a rented metal shop, and a producing oil well; Mineral rights reserved by seller for the first 10 years (oil well on‑site); Public water with septic tank sewer service
