Multifamily Property with Log
For Sale
$525,000
344 GR BARDWELL Road, Chopin, LA
Multifamily, Chopin, LA
Property Size2,978 SF
Lot Size60.25 Acres
Price / SF$176.29
Days on Market465
Property Features for 344 GR BARDWELL Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 8, Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 7, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 9, Bathroom 5
Patio and Porch features
Porch
Directions
From I-49 turn left onto 490W, 1.5 miles turn left onto Bay Springs Rd, 1.1 mi take a slight right onto GR Bardwell Rd
Standard status
Active
APN
0100002300
Size
2,978 SF
Lot size
60.25 Acres
Taxes and HOA fees
Tax Description
24.50 AC -- BEING TRACT 1 SHOWN ON A SURVEY RECORDED AT MAP SLIDE 785B, LOCATED IN SEC. 27-6-5., 35.75 AC - BEING TRACT 2 SHOWN ON A SURVEY RECORDED A
Legal Description
24.50 AC -- BEING TRACT 1 SHOWN ON A SURVEY RECORDED AT MAP SLIDE 785B, LOCATED IN SEC. 27-6-5., 35.75 AC - BEING TRACT 2 SHOWN ON A SURVEY RECORDED A
Utilities
Utilities
Propane
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
boat shed/workshop
chicken coop
deer stands
established trails
flowing creek
Building Details
Year built
2010
Number of units
2
Building materials
Vinyl Siding, Wood Siding, Log
Architectural style
Contemporary
Buildings
6
Listing Agency:
CALL THE KELONES REALTY
(318) 442-9890
Listed By:
Torie Dauzat · License #995716921
(318) 619-0557
Added: Jul 18, 2025
Changed: Oct 23
Last Checked: Oct 25 at 8:06AM
MLS# 2512628
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Set on 60.25 acres across four parcels, this multifamily property includes a 2,978-square-foot, two-story log residence with six bedrooms, 2.5 bathrooms, a walk-in pantry, and a porch. Central heating and air conditioning serve the home. The grounds also contain three mobile homes: one has three bedrooms and two bathrooms, while the other two are used as outbuildings. A 60-by-40-foot boat shed and workshop and a chicken coop are also on site.
The acreage includes established trails, four deer stands, a flowing creek, and harvestable timber. The property is 3 miles from Roy O. Martin and 15 minutes from Red Dirt National Wildlife Management Preserve. Public water and propane are listed among the property’s utilities and services.
The acreage includes established trails, four deer stands, a flowing creek, and harvestable timber. The property is 3 miles from Roy O. Martin and 15 minutes from Red Dirt National Wildlife Management Preserve. Public water and propane are listed among the property’s utilities and services.
Key Highlights
- 60.25 acres across four parcels
- Two‑story log residence measuring 2,978 square feet, with 6 bedrooms and 2.5 bathrooms
- Three mobile homes; one has 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,154
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,080
$443.1K
Cap Rate 7%
$316,486
$316.5K
Cap Rate 9%
$246,156
$246.2K
Market Conditions
NOI Build-Up for 2,978 SF
Gross rent
$44.3K $14.88/SF
− Vacancy
−$4.0K −$1.35/SF
EGI
$40.3K $13.53/SF
− OpEx
−$18.1K −$6.09/SF
NOI
$22.2K $7.44/SF
Area
Rapides County, LA
Vacancy
9.10%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,080
Cap Rate 7%
$316,486
Cap Rate 9%
$246,156
Alternative Uses
Best Use
Apartment 5plus
$316.5K
$276.9K – $369.2K
NOI $22,154 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$820.9K
$718.3K – $957.7K
NOI $57,463 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - The 60.25-acre tract includes a two-story residence, three mobile homes, and a creek.
Where is this multifamily property located?
The property is located at 344 GR BARDWELL Road Chopin, LA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 60.25 acres across four parcels; Two‑story log residence measuring 2,978 square feet, with 6 bedrooms and 2.5 bathrooms; Three mobile homes; one has 3 bedrooms and 2 bathrooms
