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4510 Common St, Lake Charles, LA, 70607
Apartment Building with Pool Amenities

4510 Common St Lake Charles, LA 70607

For Sale
Contact for pricing

Apartment community completed a major 2019 rehab, adding a pool, office, clubhouse, and dog park.

Days on Market105

Property Features for 4510 Common St

General Information

Standard status
Active
Property subtype
Multifamily
Listing Agency: Stirling Properties Baton Rouge
Listed By: Chad Rigby · License #MS B-21591
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 23 at 5:05AM

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 Stirling Properties Baton Rouge


Investment Insights

Based on property information with market context.

This apartment community has undergone a significant interior and exterior rehab project completed in 2019, with approximately $300,000 in improvements. The upgrades include a pool and pool furniture, an office and clubhouse, a dog park, signage, interior and exterior paint, and other interior and exterior improvements.

Recent performance data indicates strong occupancy following rehab completion, with a trailing 3-month occupancy average of 96% compared to a market average of 89%. The property is located at 4510 Common St in Lake Charles, Louisiana.

The rehab also corresponds with reported increases in rental income, including an approximately $10,000 increase in total rental income for January 2020.

Key Highlights

  • Commons at McNeese saw a trailing 3‑month occupancy average of 96% vs. 89% market average.
  • Major rehab completed in 2019 with +/- $300,000 in interior and exterior improvements.
  • Rehab added a pool and pool furniture, plus an office and clubhouse.

Property Analytics

Location Intelligence

Current Use by Public Records

Commons @ McNeese Apartment Building Suitable Home & Clothing Clothing Store Paulme Chalet Home ... Apartments

Suggested Use

Law Firm HVAC Service Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center Acupuncture Tech Support Center Storage Facility (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Apartment community completed a major 2019 rehab, adding a pool, office, clubhouse, and dog park.
Where is this apartment building located?
The property is located at 4510 Common St Lake Charles, LA.
What are key features of this property?
This property features: Commons at McNeese saw a trailing 3‑month occupancy average of 96% vs. 89% market average.; Major rehab completed in 2019 with +/- $300,000 in interior and exterior improvements.; Rehab added a pool and pool furniture, plus an office and clubhouse.
More about this property
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