Four-Unit Brick
For Sale
$325,000
2027 Jackson Street, Alexandria, LA 71301
Two one-bedroom and two two-bedroom residences provide a balanced unit mix in Alexandria.
Property Size3,315 SF
Price / SF$98.04
Days on Market425
Property Features for 2027 Jackson Street
General Information
Standard status
Active
Size
3,315 SF
Property subtype
MULTI FAMILY FOR SALE / Townhouse
Occupancy
100%
Units
Unit Mix
2 x 1BR, 2 x 2BR
Multifamily Units
4
Additional Details
Gross Income
$39,000
Amenities
Central Air
Central
2
4
6
Asphalt
Slab: Traditional
Brick
Building Details
Year Built
1960
Listing Agency:
STEVEN SEALE PROPERTIES, LLC
Listed By:
Steven Seale · License #0912124868
(318) 715-3333
Source:
Compass
Added: Jul 5, 2025
Changed: Sep 2
Last Checked: Sep 1 at 10:41PM
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 STEVEN SEALE PROPERTIES, LLC
Investment Insights
Based on property information with market context.
This four-unit residential income property contains 3,315 square feet and was built in 1960. The configuration includes two one-bedroom residences and two two-bedroom residences, providing a defined mix within one building. Brick exterior construction, a traditional slab foundation, asphalt surfacing, and central air are among the reported physical features.
Located at 2027 Jackson Street in Alexandria, Louisiana, the property is fully occupied. Tax and insurance obligations are consolidated into one bill each, supporting straightforward ownership administration across all four residences.
Located at 2027 Jackson Street in Alexandria, Louisiana, the property is fully occupied. Tax and insurance obligations are consolidated into one bill each, supporting straightforward ownership administration across all four residences.
Key Highlights
- Four‑unit property with 3,315 square feet
- Unit mix includes two one‑bedroom and two two‑bedroom residences
- Fully occupied across all four units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,730
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$554,600
$554.6K
Cap Rate 7%
$396,143
$396.1K
Cap Rate 9%
$308,111
$308.1K
Market Conditions
NOI Build-Up for 3,315 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$43.4K $13.08/SF
− Vacancy
−$3.7K −$1.13/SF
EGI
$39.6K $11.95/SF
− OpEx
−$11.9K −$3.58/SF
NOI
$27.7K $8.36/SF
Area
Rapides County, LA
Vacancy
8.64%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$554,600
Cap Rate 7%
$396,143
Cap Rate 9%
$308,111
Alternative Uses
Best Use
Multifamily LT 5
$396.1K
$346.6K – $462.2K
NOI $27,730 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$352.3K
$308.3K – $411.0K
NOI $24,661 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$913.8K
$799.6K – $1.07M
NOI $63,966 @ 7.0% cap · market cap 19.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,268
Businesses Nearby
Explore this area
Business Placement
Demographics for 71301, LA
20,454
Population
9,173
Households
2.2
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
12.5 sq mi
ZIP Area
1,636
Density / Sq Mi
$44,330
Median Household Income
$31,233
Median Earnings
$919
Median Rent
$156,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two one-bedroom and two two-bedroom residences provide a balanced unit mix in Alexandria.
Where is this quadplex located?
The property is located at 2027 Jackson Street Alexandria, LA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four‑unit property with 3,315 square feet; Unit mix includes two one‑bedroom and two two‑bedroom residences; Fully occupied across all four units
