Listing Agency: Flavin Realty Inc j***@gmail.com Show Phone

Listed By: Jimmy Cormier · License #48000

Source: Crexi

Added: Apr 11 Changed: Aug 25 Last Checked: Aug 29 at 5:36PM

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Investment Insights

Based on property information with market context.

The Cottages at Ada's Alley property includes 3 cottage units and 2 additional units in an adjoining brick structure. The unit mix consists of two two-bedroom units, one one-bedroom unit, and one studio unit. One unit is currently leased commercially to a local barber.

The property is described as being zoned commercial or residential.

The configuration supports both residential and mixed-use considerations based on the stated zoning and the existing commercial lease for one unit.

Key Highlights

• Cottages at Ada's Alley offers 3 cottages and 2 additional units in an adjoining brick structure
• Unit mix includes two 2‑bedroom units, one 1‑bedroom unit, and one studio unit
• Property is zoned commercial or residential

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Spa & Massage Center Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

201

Businesses Nearby

Explore this area Business Placement

Demographics for 70591, LA

5,529

Population

2,247

Households

2.5

Avg Household Size

38

Median Age

14%

College-Educated

92%

High-School Grad

171.8 sq mi

ZIP Area

32

Density / Sq Mi

$66,563

Median Household Income

$37,269

Median Earnings

$817

Median Rent

$152,300

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 - Cottages at Ada's Alley includes 3 cottages and 2 units in an adjoining brick structure with one commercial tenant.

Where is this apartment building located?

The property is located at 110 S Elms St Welsh, LA.

What are key features of this property?

This property features: Cottages at Ada's Alley offers 3 cottages and 2 additional units in an adjoining brick structure; Unit mix includes two 2‑bedroom units, one 1‑bedroom unit, and one studio unit; Property is zoned commercial or residential