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Multi-Property Multifamily Portfolio
For Sale
Contact for pricing
Pending

402 N Alexander Ave, Gonzales, LA 70737

Forty-unit multifamily portfolio featuring duplexes, fourplexes, and apartment buildings, 100% occupied across seven properties.

Property Size30,800 SF
Days on Market111

Property Features for 402 N Alexander Ave

General Information

Standard status Pending
Size 30,800 SF
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 40
Listing Agency: JRE Brokerage
Listed By: Mark Segalla · License #SALE.995699471‑ACT
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 30 at 3:52PM

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 JRE Brokerage

Investment Insights

Based on property information with market context.

This for-sale multifamily portfolio consists of 40 units across seven different properties in Ascension Parish. The collection includes a mix of duplexes, fourplexes, and apartment buildings, totaling 9 buildings with 30,800 rentable square feet. The portfolio is reported as 100% occupied.

Six of the properties are located in Gonzales, Louisiana and are stated to be within 10 minutes of one another. The seventh property is located in Prairieville, Louisiana and is stated to be about 18 minutes from the other properties.

The buildings in the portfolio are diversified by configuration, offering a blend of duplex and fourplex structures alongside apartment buildings within a clustered geographic footprint in Ascension Parish.

Key Highlights

  • 40‑unit multifamily portfolio across seven properties in Ascension Parish, including duplexes, fourplexes, and apartment buildings
  • 30,800 rentable SF total across 9 buildings
  • Portfolio is 100% occupied

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Storage Facility Cafe & Coffee Shop Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store

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

Lease Details

40
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

811
Businesses Nearby

Demographics for 70737, LA

47,332
Population
20,720
Households
2.3
Avg Household Size
36
Median Age
26%
College-Educated
86%
High-School Grad
54.0 sq mi
ZIP Area
877
Density / Sq Mi
$80,758
Median Household Income
$51,444
Median Earnings
$1,533
Median Rent
$252,600
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 - Forty-unit multifamily portfolio featuring duplexes, fourplexes, and apartment buildings, 100% occupied across seven properties.
Where is this apartment building located?
The property is located at 402 N Alexander Ave Gonzales, LA.
What are key features of this property?
This property features: 40‑unit multifamily portfolio across seven properties in Ascension Parish, including duplexes, fourplexes, and apartment buildings; 30,800 rentable SF total across 9 buildings; Portfolio is 100% occupied
More about this property
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