21-Unit Brick Apartment
For Sale
$1,155,000
705 11th St, Oakdale, LA 71463
Two multifamily properties combine occupied units, separately metered utilities, durable construction, and a 2024 roof replacement.
Property Size17,692 SF
Price / SF$65.28
Days on Market8
Property Features for 705 11th St
General Information
Standard status
Active
Size
17,692 SF
Property subtype
Multifamily
Zoning
HDMF
Occupancy
100%
Units
Unit Mix
16 x 2BR/1BA, 2 x 1BR, 3 x 2BR
Multifamily Units
21
Additional Details
Highway Access
Yes
Amenities
central parking
green space
Building Details
Year Built
2002
Listing Agency:
Coldwell Banker Ingle Safari R
Listed By:
Robbie Ingle · License #912122392
(337) 304-0481
Source:
Lacdb.resimplifi
Added: Sep 1
Changed: Sep 7
Last Checked: Sep 7 at 3:02PM
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 R
Investment Insights
Based on property information with market context.
This apartment package combines two multifamily properties with 21 units. The primary 16-unit complex contains two brick buildings with eight matching 2 bedroom, 1 bathroom apartments each. Units measure approximately 882 square feet and feature open layouts, L-shaped kitchens, major appliances, washer/dryer hookups, tile in high-traffic areas, vinyl plank bedroom flooring, neutral paint, and ceiling fans. The property occupies approximately 1.48 acres and includes parking and green space. A new roof was installed in 2024, while double-pane windows and pitched roofs complement the brick construction. The buildings were completed in 2002, and each unit has separate electric and water meters with tenants responsible for their own utilities.
The second property adds five units in two buildings, including two 1 bedroom apartments and three 2 bedroom apartments. All units across the package are currently occupied. The second property is reported at a 10% cap rate, and the package includes a property in Flood Zone X.
The second property adds five units in two buildings, including two 1 bedroom apartments and three 2 bedroom apartments. All units across the package are currently occupied. The second property is reported at a 10% cap rate, and the package includes a property in Flood Zone X.
Key Highlights
- 21‑unit package combining 16‑unit and 5‑unit apartment properties
- 16 apartments in two brick buildings; each is 2 bedroom / 1 bathroom and approximately 882 SF
- Two 1‑bedroom units and three 2‑bedroom units at the 5‑unit property
Property Analytics
Property Profile
Current Use
Lease Details
21
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Explore this area
Business Placement
Demographics for 71463, LA
9,630
Population
3,699
Households
2.6
Avg Household Size
41
Median Age
11%
College-Educated
76%
High-School Grad
251.6 sq mi
ZIP Area
38
Density / Sq Mi
$46,658
Median Household Income
$24,956
Median Earnings
$733
Median Rent
$111,800
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 - Two multifamily properties combine occupied units, separately metered utilities, durable construction, and a 2024 roof replacement.
Where is this apartment building located?
The property is located at 705 11th St Oakdale, LA.
What is the asking price?
The asking price for this property is $1,155,000.
What are key features of this property?
This property features: 21‑unit package combining 16‑unit and 5‑unit apartment properties; 16 apartments in two brick buildings; each is 2 bedroom / 1 bathroom and approximately 882 SF; Two 1‑bedroom units and three 2‑bedroom units at the 5‑unit property
