Apartment Building with Pool
For Sale
Contact for pricing
4510 Common St, Lake Charles, LA 70607
Apartment community completed a major 2019 rehab, adding a pool, office, clubhouse, and dog park.
Property SizeContact for details
Days on Market124
Property Features for 4510 Common St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
96%
Amenities
pool
clubhouse
dog park
Building Details
Year Renovated
2019
Listing Agency:
Stirling Properties Baton Rouge
Listed By:
Chad Rigby · License #MS B-21591
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 5:05AM
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 Stirling Properties Baton Rouge
Investment Insights
Based on property information with market context.
This apartment community has undergone a significant interior and exterior rehab project completed in 2019, with approximately $300,000 in improvements. The upgrades include a pool and pool furniture, an office and clubhouse, a dog park, signage, interior and exterior paint, and other interior and exterior improvements.
Recent performance data indicates strong occupancy following rehab completion, with a trailing 3-month occupancy average of 96% compared to a market average of 89%. The property is located at 4510 Common St in Lake Charles, Louisiana.
The rehab also corresponds with reported increases in rental income, including an approximately $10,000 increase in total rental income for January 2020.
Recent performance data indicates strong occupancy following rehab completion, with a trailing 3-month occupancy average of 96% compared to a market average of 89%. The property is located at 4510 Common St in Lake Charles, Louisiana.
The rehab also corresponds with reported increases in rental income, including an approximately $10,000 increase in total rental income for January 2020.
Key Highlights
- Commons at McNeese saw a trailing 3‑month occupancy average of 96% vs. 89% market average.
- Major rehab completed in 2019 with +/- $300,000 in interior and exterior improvements.
- Rehab added a pool and pool furniture, plus an office and clubhouse.
Property Analytics
Property Profile
Current Use
Lease Details
96%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,212
Businesses Nearby
Explore this area
Business Placement
Demographics for 70607, LA
30,339
Population
13,692
Households
2.2
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
115.3 sq mi
ZIP Area
263
Density / Sq Mi
$58,427
Median Household Income
$35,815
Median Earnings
$1,053
Median Rent
$171,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment community completed a major 2019 rehab, adding a pool, office, clubhouse, and dog park.
Where is this apartment building located?
The property is located at 4510 Common St Lake Charles, LA.
What are key features of this property?
This property features: Commons at McNeese saw a trailing 3‑month occupancy average of 96% vs. 89% market average.; Major rehab completed in 2019 with +/- $300,000 in interior and exterior improvements.; Rehab added a pool and pool furniture, plus an office and clubhouse.
