Two-Property Multifamily Investment
For Sale
Contact for pricing
Pending
705 N 11th Street, Kinder, LA 70648
21-unit multifamily package includes separately metered units and a fully leased five-unit property near major local employment.
Property Size17,692 SF
Lot Size1.48 Acres
Days on Market103
Property Features for 705 N 11th Street
General Information
Standard status
Pending
Size
17,692 SF
Lot size
1.48 Acres
Property subtype
Multifamily
Net Operating Income
$14,015
Financials
Cap Rate
10%
Business Included
Yes
Additional Details
Multifamily Units
21
Building Details
Year Built
2002
Year Renovated
2024
Buildings
4
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Ingle Safari Realty
Listed By:
Robbie Ingle · License #0912122392
Source:
Crexi
Added: May 28
Changed: Aug 8
Last Checked: Jul 24 at 5:47PM
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 Commercial Ingle Safari Realty
Investment Insights
Based on property information with market context.
This for-sale multifamily package includes two income-producing properties: 705 N 11th Street and 305 E Railroad Avenue. 705 N 11th Street is a well-maintained 16-unit apartment complex on approximately 1.48 acres in Flood Zone X, with flood insurance not required. Built in 2002, it consists of two solid brick buildings, each with eight identical units. The 2-bedroom, 1-bath units feature an open-concept layout, L-shaped kitchen, ceiling fans, tile in high-traffic areas, and vinyl plank flooring in bedrooms. Each unit is separately metered for electric and water, with tenants paying their own utilities, and washer/dryer hookups are included. Recent improvements include a new roof in 2024.
305 E Railroad Avenue is a fully leased 5-unit multifamily property located just off Hwy 165 near Coushatta Casino Resort. The unit mix includes two 1-bedroom units and three 2-bedroom units, distributed across two separate buildings, and the property is described as having high occupancy.
For investors seeking an immediate income profile, the offering presents a combined 21-unit portfolio with all units currently occupied. The seller will only disturb tenants and show vacant units during the inspection period for the buyer, making the acquisition process oriented around scheduled access.
305 E Railroad Avenue is a fully leased 5-unit multifamily property located just off Hwy 165 near Coushatta Casino Resort. The unit mix includes two 1-bedroom units and three 2-bedroom units, distributed across two separate buildings, and the property is described as having high occupancy.
For investors seeking an immediate income profile, the offering presents a combined 21-unit portfolio with all units currently occupied. The seller will only disturb tenants and show vacant units during the inspection period for the buyer, making the acquisition process oriented around scheduled access.
Key Highlights
- 21‑unit multifamily package includes 705 N 11th Street (16 units) and 305 E Railroad Avenue (5 units).
- 705 N 11th St: built in 2002, 16 units on approx. 1.48 acres in Flood Zone X (flood insurance not required).
- 705 N 11th St unit mix: two brick buildings with eight identical 2BD/1BA units each; approx. 882 SF per unit.
Property Analytics
Property Profile
Current Use
Lease Details
21
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
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 - 21-unit multifamily package includes separately metered units and a fully leased five-unit property near major local employment.
Where is this apartment building located?
The property is located at 705 N 11th Street Kinder, 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 multifamily package includes 705 N 11th Street (16 units) and 305 E Railroad Avenue (5 units).; 705 N 11th St: built in 2002, 16 units on approx. 1.48 acres in Flood Zone X (flood insurance not required).; 705 N 11th St unit mix: two brick buildings with eight identical 2BD/1BA units each; approx. 882 SF per unit.
