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8-Unit Apartment Building
For Sale
$200,000

118 W CYPRESS STREET, Bastrop, LA 71220

MULTI_FAMILY - Bastrop, LA

Property SizeContact for details
Days on Market111

Property Features for 118 W CYPRESS STREET

General Information

Property type Residential Multi Family
Property subtype Apartment
Interior features Smoke Detector
Exterior features Paved Street
Appliances Washer/Dryer Connect
Directions 2 BLKS NORTH OF COURTHOUSE, ON CYPRESS ST, JUST OFF NORTH WASHINGTON.
Subdivision 501 Bastrop & Morehouse Parish
Standard status Active
APN 01400/002/0000C

Taxes and HOA fees

Tax Description BEG AT 235 FT W OF W SIDE OF SIDEWALK ON WASHINGTON ST & S'N BD'Y OF BL 32 ORIG TOWN SD PT BEING SW COR OF LOT SOLD TO A S MCMEANS, TH RUN N ON W BD'Y
Legal Description BEG AT 235 FT W OF W SIDE OF SIDEWALK ON WASHINGTON ST & S'N BD'Y OF BL 32 ORIG TOWN SD PT BEING SW COR OF LOT SOLD TO A S MCMEANS, TH RUN N ON W BD'Y

Utilities

Heating system Electric (Heating)
Cooling system Multi Units
Water source Public

Building Details

Number of units 8
Roof type Flat
Listing Agency: Home2U Realty, LLC
Listed By: Bridget Snyder · License #995700317
Added: May 5 Changed: Jul 16 Last Checked: Aug 23 at 1:06AM
MLS# 219279

Copyright © 2026 Northeast 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.

Investment Insights

Based on property information with market context.

This offering is an 8-unit apartment complex. The property is currently reported as 100% occupied and generating income, with unit rents stated from $450 to $550 each. Buyers should note the listing instruction that tenants are not to be disturbed.

The building is located at 118 W Cypress Street in Bastrop, Louisiana 71220. The provided information does not specify additional building improvements, unit mix beyond the total count, or on-site amenities.

For investors or owner-operators seeking a residential income property with all units currently leased, this 8-unit configuration may support straightforward operational management. The current occupancy status and the stated rent range provide a baseline for evaluating the property’s income profile. Prospective purchasers should conduct their own due diligence regarding financials, lease terms, and the condition of individual units, as those details are not included in the provided remarks.

Key Highlights

  • 8‑unit apartment complex with 100% occupancy and income generation
  • Unit rents range from $450 to $550 each
  • Public water and flat roof

Property Analytics

Current Use

Apartment buildings

Lease Details

8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby

Demographics for 71220, LA

21,154
Population
9,425
Households
2.2
Avg Household Size
41
Median Age
11%
College-Educated
84%
High-School Grad
373.6 sq mi
ZIP Area
57
Density / Sq Mi
$36,186
Median Household Income
$27,890
Median Earnings
$819
Median Rent
$100,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Fully occupied 8-unit complex with current rents reported at $450 to $550 per unit.
Where is this apartment building located?
The property is located at 118 W CYPRESS STREET Bastrop, LA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 8‑unit apartment complex with 100% occupancy and income generation; Unit rents range from $450 to $550 each; Public water and flat roof
More about this property
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