61-Unit Apartment Complex
For Sale
$3,200,000
703 Mallard St Street, Kinder, LA 70648
61-unit apartment complex near Coushatta Casino with strong income.
Property Size8 SF
Price / SF$400,000
Days on Market262
Property Features for 703 Mallard St Street
General Information
Standard status
Active
Size
8 SF
Property subtype
Mixed Use
Building Details
Year Built
1980
Listing Agency:
Coldwell Banker Ingle Safari Realty
(337) 304-0481
Listed By:
Robbie Ingle · License #912122392
Source:
Cbcworldwide
Added: Dec 3, 2025
Changed: Jul 6
Last Checked: Apr 9 at 9:00PM
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 Coldwell Banker Ingle Safari Realty
Investment Insights
Based on property information with market context.
This 61-unit apartment complex presents an investment opportunity in Kinder, near the Coushatta Casino. The property includes 32 brick-on-slab duplex-style buildings, featuring a mix of unit sizes: 6 one-bedroom units, 46 two-bedroom units, 8 three-bedroom units, and one 2-bedroom house. Each unit is equipped with one full bathroom, a full kitchen, a living room, and separate bedrooms. The layout is designed for tenant comfort and ease of maintenance. The complex, situated on 8.46 acres, features shingle roofs and provides two dedicated parking spaces per unit, contributing to low maintenance costs and tenant convenience. The property maintains high occupancy rates, generating consistent revenue with low operating expenses. Showings require 24-hour notice due to high occupancy.
Key Highlights
- Strong income and proven cash flow from a 61‑unit apartment complex
- High occupancy rates and low operating expenses resulting in a high cap rate and attractive return on investment
- 32 brick‑on‑slab duplex‑style buildings offering a mix of 1, 2, and 3‑bedroom units, plus one 2‑bedroom house
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 70648, LA
7,198
Population
2,788
Households
2.6
Avg Household Size
38
Median Age
10%
College-Educated
78%
High-School Grad
211.4 sq mi
ZIP Area
34
Density / Sq Mi
$50,194
Median Household Income
$28,000
Median Earnings
$837
Median Rent
$142,600
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?
Apartment building - 61-unit apartment complex near Coushatta Casino with strong income.
Where is this apartment building located?
The property is located at 703 Mallard St Street Kinder, LA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Strong income and proven cash flow from a 61‑unit apartment complex; High occupancy rates and low operating expenses resulting in a high cap rate and attractive return on investment; 32 brick‑on‑slab duplex‑style buildings offering a mix of 1, 2, and 3‑bedroom units, plus one 2‑bedroom house
