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    705 N 11Th St N Kinder Kinder, LA 70648

    For Sale
    $850,000

    Well-maintained 16-unit complex near Coushatta Casino Resort.

    Property size:
    882 SF

    Property Features for 705 N 11Th St N Kinder

    General Information

    Size
    882 SF

    Building Details

    Year built
    2002

    Source: Robbie Ingle Agent Robbie Ingle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    16-Unit Multifamily Investment Opportunity

    This 16-unit investment package is located in Kinder, LA, minutes from Coushatta Casino Resort. The property features two brick buildings constructed in 2002, each containing eight identical 2-bedroom, 1-bath units. Situated on a 1.48-acre site in Flood Zone X, the property requires no flood insurance. Each 882 sq ft unit features an open-concept layout with L-shaped kitchens, equipped with a stove, refrigerator, dishwasher, and washer/dryer hookups. Interior finishes include tile in high-traffic areas, vinyl plank in bedrooms, neutral paint, and ceiling fans throughout. All units are separately metered for electric and water, with tenants covering their own utilities. Recent capital improvements include a new roof in 2024. The brick construction, double-pane windows, and pitched roofs contribute to low operating costs. Central parking, spacious green buffers, and visibility from the road enhance the property's appeal. The asset has a consistent occupancy history and a tenant base drawn to proximity to entertainment and employment hubs. This 16-door property offers stable returns and strong upside.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kinder
    County
    Allen
    State
    Louisiana
    Longitude
    -92.84614
    Latitude
    30.492314

    Nearby Similar for Sale

    • $850,000
      1.48 Acres

      Kinder, LA 16-Unit Investment

      Well-maintained 16-unit complex near Coushatta Casino Resort.
      705 N 11Th St, Kinder, LA 70648
      View Details
    • $3,200,000
      8.46 Acres

      61-Unit Apartment Complex Investment

      Kinder, LA: 61 units, strong income, proven cash flow.
      703 Mallard St, Kinder, LA 70648
      View Details
    • $480,000
      12.39 Acres

      Income-Producing Mobile Home Park

      Mobile home park with expansion potential near Coushatta Casino.
      15375 Highway 190, Kinder, LA 70658
      View Details
    • $275,000
      0.24 Acres

      Multifamily Property in Kinder, LA

      Fully leased 5-unit property near Hwy 165 and Coushatta Casino.
      305 E Railroad Ave, Kinder, LA 70648
      View Details
    • $3,200,000
      8 SF

      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
      12 SF

      Mobile Home Park with Expansion

      Income-producing mobile home park on 12+ acres near Kinder.
      15375 Hwy 190 Hwy, Kinder, LA 70648
      View Details

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 16-unit complex near Coushatta Casino Resort.
    Where is this apartment building located?
    The property is located at 705 N 11Th St N Kinder Kinder, LA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - High-performing 16-unit multifamily investment opportunity in Kinder, LA.; - Located minutes from Coushatta Casino Resort, a major regional employer.; - Solid brick construction (built in 2002) with a new roof (2024) and low operating costs.
    Request Owner's contact information
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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
    705 N 11Th St N Kinder Kinder, LA 70648
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