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16-Unit Extended-Stay Property
For Sale
$2,190,000

356 Invader Street, Sulphur, LA 70663

Commercial Sale, Sulphur, LA

Property Size11,562 SF
Lot Size0.89 Acres
Price / SF$189.41
Days on Market370

Property Features for 356 Invader Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Residential
Parking features Parking Lot
Lot features Level
Directions I-10 to Exit 23, Keep right to merge onto US-90 West (Gaston P Meister Ln/Napoleon St) Continue unto Sulphur until you reach LA-27. Turn Left onto LA-27 South and continue for a short distance. Turn right onto Invader St. Property will be on the left.
Standard status Active
APN 00762105
Size 11,562 SF
Lot size 0.89 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Description @031010-0469- 0002 0000 @031010-0469- 0003 0000 @031010-0469- 0004 0000 LOTS 2,3,4 E W DUNNAM ADD -356 INVADER ST- H/S ON IMPS AND 4 LOT -356 1/2 INVADER ST IMPS/REC-16 UNIT APT ''DELAINE APTS'' (M/H AND H/S ON LOT 4)
Legal Description @031010-0469- 0002 0000 @031010-0469- 0003 0000 @031010-0469- 0004 0000 LOTS 2,3,4 E W DUNNAM ADD -356 INVADER ST- H/S ON IMPS AND 4 LOT -356 1/2 INVADER ST IMPS/REC-16 UNIT APT ''DELAINE APTS'' (M/H AND H/S ON LOT 4)

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Building Details

Floors in Building 2
Flooring type Carpet, Tile
Building materials Brick
Roof type Composition
Listing Agency: Parish Realty Acadiana
Listed By: Macie Chauffe Northcutt · License #995683410
Added: Oct 25, 2025 Changed: Oct 24 Last Checked: Oct 29 at 12:06AM
MLS# 2500004913

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.

Rey
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Investment Insights

Based on property information with market context.

Sulphur Suites is a 16-unit short-term rental property with 11,562 square feet of building area on a 0.89-acre parcel. Brick construction, carpet and tile flooring, central heating, and central air conditioning form the building’s core features. A parking lot serves the property, and an on-site team handles operations and maintenance. The business also uses a website and online booking platform.

The property is located in Sulphur’s industrial corridor and is zoned Residential. Public water and sewer are available, along with natural gas service availability.

Key Highlights

  • 16‑unit short‑term rental property
  • 11,562 square feet of building area on 0.89 acres
  • On‑site team manages property operations and maintenance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$67,564
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,351,280 $1.4M
Cap Rate 7%
$965,200 $965.2K
Cap Rate 9%
$750,711 $750.7K
Market Conditions
NOI Build-Up for 11,562 SF
Gross rent
$131.8K $11.40/SF
− Vacancy
−$9.0K −$0.78/SF
EGI
$122.8K $10.62/SF
− OpEx
−$55.3K −$4.78/SF
NOI
$67.6K $5.84/SF
Area
Calcasieu County, LA
Vacancy
6.80%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,351,280
Cap Rate 7%
$965,200
Cap Rate 9%
$750,711

Alternative Uses

Best Use
Apartment 5plus
$965.2K
$844.6K – $1.13M (±1% cap)
NOI $67,564 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.49M
$2.18M – $2.91M (±1% cap)
NOI $174,453 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby

Demographics for 70663, LA

29,325
Population
12,767
Households
2.3
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
97.8 sq mi
ZIP Area
300
Density / Sq Mi
$59,444
Median Household Income
$37,587
Median Earnings
$914
Median Rent
$174,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Brick construction, an on-site management team, and online booking support an established short-term lodging operation.
Where is this short term rental property located?
The property is located at 356 Invader Street Sulphur, LA.
What is the asking price?
The asking price for this property is $2,190,000.
What are key features of this property?
This property features: 16‑unit short‑term rental property; 11,562 square feet of building area on 0.89 acres; On‑site team manages property operations and maintenance
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Includes: Price & PSF · Cap rate · Location · Zoning

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