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Property profile & analytics
OFF-MARKET
Commercial real estate

134 Louie St Lake Charles, LA 70601

3,236 SF
Property ID
US36-1470084
Property summary
AI-generated overview

This exceptional investment opportunity presents a centrally located four-unit apartment building in Lake Charles, Louisiana, at 134 Louie St, zip code 70601. The property comprises two duplexes, each featuring two, two-bedroom, one-bathroom units, totaling 3,236 square feet. Each unit boasts an open floor plan, stained concrete floors, and modern kitchen appliances including a dishwasher, range/oven, and refrigerator. Convenient washer/dryer hookups are also included. Individual fenced rear yards provide privacy for each tenant. Currently, units command monthly rents ranging from $950 to $1,000. Tenants are responsible for their own utilities. The asking price is $425,000, representing a price per unit of $106,250 and a price per square foot of $131.33. The property is offered as a whole, but individual duplex sales may be considered. This presents a strong cash flow potential with low maintenance requirements, making it an ideal addition to any investment portfolio. The property's location in Lake Charles offers easy access to local amenities and services.

Property profile
Verified
Property type Commercial real estate
Total area 3,236 SF
UPID US36-1470084
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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