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Fully Leased Apartment Building
For Sale
$555,000

1011 Wilkinson St, Mandeville, LA 70448

Apartment property with five residential units and full occupancy.

Property Size3,128 SF
Price / SF$177.43
Days on Market57

Property Features for 1011 Wilkinson St

General Information

Standard status Active
Size 3,128 SF
Total Parking Spaces 8
Property subtype Multifamily
Zoning S-1
Occupancy 100%

Additional Details

Multifamily Units 5

Amenities

8 Parking Spaces

Building Details

Year Built 1956
Listing Agency: Keller Williams Realty Services
Listed By: Lane Sheasby · License #995720040
Source: Lacdb.resimplifi
Added: Jul 28 Changed: Sep 8 Last Checked: Sep 22 at 12:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Services

Investment Insights

Based on property information with market context.

This apartment building contains five residential units and was constructed in 1956. The property is fully leased, providing an existing occupied configuration for an apartment investor.

The property is located at 1011 Wilkinson Street in Mandeville, Louisiana, and carries RESIDENTIAL zoning.

Key Highlights

  • 5 residential units
  • 100% leased
  • Built in 1956

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Florist Butcher Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

699
Businesses Nearby

Demographics for 70448, LA

25,670
Population
10,372
Households
2.5
Avg Household Size
41
Median Age
45%
College-Educated
93%
High-School Grad
21.9 sq mi
ZIP Area
1,172
Density / Sq Mi
$88,929
Median Household Income
$50,824
Median Earnings
$1,415
Median Rent
$324,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property with five residential units and full occupancy.
Where is this apartment building located?
The property is located at 1011 Wilkinson St Mandeville, LA.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: 5 residential units; 100% leased; Built in 1956
More about this property
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