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    305 E Railroad St E A/B Kinder, LA 70648

    For Sale
    $275,000

    Fully leased 5-unit property near Hwy 165 and Coushatta Casino.

    Lot size:
    0.24 Acres

    Property Features for 305 E Railroad St E A/B

    General Information

    Zoning
    Other
    Lot size
    0.24 Acres

    Building Details

    Year built
    1988

    Source: Robbie Ingle Agent Robbie Ingle

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

    Overview

    Multifamily Property Near Coushatta Casino

    This fully leased 5-unit multifamily property is located in Kinder, Louisiana, just off Hwy 165 and near the Coushatta Casino. The property, situated on 0.24 acres, consists of two buildings. The unit mix includes two one-bedroom units and three two-bedroom units. The complex is well-maintained and has a history of high occupancy and low expenses. This property is intended for use as a residential income property and offers a potential investment opportunity for consistent cash flow and long-term value growth.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Kinder
    County
    Allen
    State
    Louisiana
    Longitude
    -92.8846
    Latitude
    30.4476

    Nearby Similar for Sale

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      Multifamily Property in Kinder, LA

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    • $3,200,000
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    FAQs

    What type of property is this?
    Apartment building - Fully leased 5-unit property near Hwy 165 and Coushatta Casino.
    Where is this apartment building located?
    The property is located at 305 E Railroad St E A/B Kinder, LA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - High 10% cap rate: offers a strong return on investment.; - Fully leased: provides immediate and reliable income stream.; - Turn-key investment: ready for immediate ownership and operation.
    Request Owner's contact information
    305 E Railroad St E A/B Kinder, LA 70648
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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
    305 E Railroad St E A/B Kinder, LA 70648
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