Affordable Multifamily Apartment
419 Emerald Trace Drive Ruston, LA 71270
419 Emerald Trace Drive, Ruston, LA, 71270
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For Sale
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Built in 1999, the property features 72 units with on-site laundry, a playground, and ample parking.
Property Size53,312 SF
Days on Market112
Property Features for 419 Emerald Trace Drive
General Information
- Standard status
- Active
- Size
- 53,312 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1999
Listing agency
(614) 551-0708
Listed by
Andrew Mulhall
(614) 551-0708
Source
Svn
Added: Apr 1 Updated: Jul 21 at 3:58AM Checked: Jul 21 at 3:58AM
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 Andrew Mulhall
Investment Insights
Based on property information with market context.
Emerald Trace Apartments is an affordable multifamily community built in 1999 offering two-, three-, and four-bedroom units with fully equipped kitchens and washer and dryer connections. Residents also have access to on-site laundry facilities, a playground, landscaped grounds, and ample parking. The property is professionally managed with 24-hour emergency maintenance.
The asset is located at 419 Emerald Trace Drive in Ruston, Louisiana, with convenient access to Interstate 20 and Ruston’s primary retail corridor. The surrounding area includes major employment centers such as Louisiana Tech University and the Northern Louisiana Medical Center.
The community totals 72 units with 53,312 rentable square feet and is currently reported at 94% occupancy. Over the past 12 months, average economic vacancy is stated at 4%. Ownership has invested approximately $327,000 in capital improvements, including new HVAC systems, LVP in roughly half of the units, and fiber optic installed in all units.
The asset is located at 419 Emerald Trace Drive in Ruston, Louisiana, with convenient access to Interstate 20 and Ruston’s primary retail corridor. The surrounding area includes major employment centers such as Louisiana Tech University and the Northern Louisiana Medical Center.
The community totals 72 units with 53,312 rentable square feet and is currently reported at 94% occupancy. Over the past 12 months, average economic vacancy is stated at 4%. Ownership has invested approximately $327,000 in capital improvements, including new HVAC systems, LVP in roughly half of the units, and fiber optic installed in all units.
Key Highlights
- 72‑unit multifamily property built in 1999 with 53,312 rentable SF
- Currently 94% occupancy; average economic vacancy over the past 12 months is 4%
- ~$327k in capital improvements, including new HVACs and LVP in roughly half of the units
Property Analytics
Location Intelligence
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Emerald Trace Apartments
Apartment Building
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FAQs
What type of property is this?
Apartment building - Built in 1999, the property features 72 units with on-site laundry, a playground, and ample parking.
Where is this apartment building located?
The property is located at 419 Emerald Trace Drive Ruston, LA.
What are key features of this property?
This property features: 72‑unit multifamily property built in 1999 with 53,312 rentable SF; Currently 94% occupancy; average economic vacancy over the past 12 months is 4%; ~$327k in capital improvements, including new HVACs and LVP in roughly half of the units
