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Property profile & analytics
OFF-MARKET
Apartment buildings
1404 Downing Rd, Lake Charles, LA 70611-1400
Individually Owned
~
Est. High Equity
Property ID
US36-0129289
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
APN
00011894CD
UPID
US36-0129289
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hannah Melanson
Hannah Melanson
since 2025
Last sale
$277,885
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Charles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Charles submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$22,644
Tax year 2023
Assessed value
$212,400
Assessed 2023
Effective rate
10.66%
On assessed value
Assessed land
$212,400
Land market value
$2,124,000
Total market value
$2,124,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
APN
00011894CD
UPID
US36-0129289
Jurisdiction
CALCASIEU
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Current owner
From public records · entity-resolved
Hannah Melanson
Individual
Mailing address
1404 DOWNING RD, LAKE CHARLES, LA 70611-1400
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
37 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
—
Jacob Darbonne
—
Deed
related
$253,739 · Dsld Mortgage LLC
Nov 26, 2025
—
Justin Myrick
—
Deed
related
$241,707 · Dsld Mortgage LLC
Oct 30, 2025
—
Roger Freese
—
Deed
related
$49,095 · Dsld Mortgage LLC
Oct 1, 2025
—
Brandon Albarado
—
Deed
related
$255,189 · Dsld Mortgage LLC
Sep 4, 2025
$250,655
Hannah Melanson
Dsld Homes LLC
Deed
$246,114 · Dsld Mortgage LLC
Aug 29, 2025
$219,145
Ty Mcknight
Dsld Homes LLC
Deed
$175,316 · Dsld Mortgage LLC
Aug 22, 2025
—
Jianwen Bu
—
Deed
related
$193,508 · Mega Capital Funding INC
Aug 18, 2025
—
Cameron Westney
—
Deed
related
$235,269 · Dsld Mortgage LLC
Jul 25, 2025
—
Abby Mcgee
—
Deed
related
$249,717 · Dsld Mortgage LLC
Jul 2, 2025
—
Layla Fontenot
—
Deed
related
$212,959 · Dsld Mortgage LLC
Jun 9, 2025
$258,600
Thomas Kim
Dsld Homes LLC
Deed
$118,600 · Dsld Mortgage LLC
May 27, 2025
—
Corey Lee Welch
—
Deed
related
$256,375 · Dsld Mortgage LLC
May 16, 2025
$264,455
Anthony Miller JR
Dsld Homes LLC
Deed
$259,664 · Dsld Mortgage LLC
May 5, 2025
—
Carly Elise Peet
—
Deed
related
$242,136 · Dsld Mortgage LLC
May 2, 2025
—
Allison Jackson
—
Deed
related
$239,898 · Dsld Mortgage LLC
Mar 31, 2025
$239,180
Timothy Izaya Godette
Dsld Homes LLC
Deed
$241,595 · Dsld Mortgage LLC
Mar 28, 2025
$237,125
Kathryn Elise Aucoin
Dsld Homes LLC
Deed
$207,125 · Dsld Mortgage LLC
Mar 25, 2025
$211,870
Cecile Goodwin Darby
Dsld Homes LLC
Deed
$214,010 · Dsld Mortgage LLC
Mar 14, 2025
—
Gizzatta Cook
—
Deed
related
$218,739 · Dsld Mortgage LLC
Mar 13, 2025
—
Christopher Tete
—
Deed
related
$222,646 · Dsld Mortgage LLC
Jan 13, 2025
$277,885
Homer C Doty III
Dsld Homes LLC
Deed
$177,885 · Dsld Mortgage LLC
Jan 6, 2025
$248,795
Jose Munoz Ruiz
Dsld Homes LLC
Deed
$229,583 · Dsld Mortgage LLC
Dec 17, 2024
$273,100
Jonathan Taylor Powers
Dsld Homes LLC
Deed
$273,100 · Dsld Mortgage LLC
Nov 22, 2024
$261,500
Monica Lynn Myers
Dsld Homes LLC
Deed
$256,763 · Dsld Mortgage LLC
Oct 15, 2024
—
Eric Mcfarlain
—
Deed
related
$203,561 · Dsld Mortgage LLC
Sep 6, 2024
—
Diana Ervin Watlington
—
Deed
related
$221,358 · Dsld Mortgage LLC
Jul 9, 2024
$239,270
Jacob Luke Lafleur
Dsld Homes LLC
Cash Sale Deed
$215,343 · Dsld Mortgage LLC
Feb 20, 2024
$273,505
Brandon Derek Leleux
Dsld Homes LLC
Cash Sale Deed
$198,505 · Dsld Mortgage LLC
Jan 26, 2024
—
Matthew Terrence Mcglone
—
Deed
related
$269,037 · Lower LLC
Dec 27, 2023
$267,460
Dustin Tyler Goode
Dsld Home LLC
Cash Sale Deed
$262,614 · American Pacific Mtg Corp
Dec 1, 2023
—
Jesse Wright
Dsld Homes LLC
Cash Sale Deed
$255,181 · Dsld Mortgage LLC
Oct 23, 2023
$263,995
Phillip Brett Partin
Dsld Homes LLC
Cash Sale Deed
$211,197 · Dsld Mortgage LLC
Oct 5, 2023
$242,110
Laura Ann Lyles
Dsld Homes LLC
Cash Sale Deed
$53,632 · Dsld Mortgage LLC
Sep 18, 2023
$220,845
Ian Scott Smith
Dsld Homes LLC
Contract Sale
$223,075 · Dsld Mortgage LLC
Aug 23, 2023
—
Donavon Miller
Dsld Homes LLC
Cash Sale Deed
$265,163 · Dsld Mortgage LLC
Aug 16, 2023
$213,610
Kiersten Snell
Dsld Homes LLC
Cash Sale Deed
$202,930 · Dsld Mortgage LLC
Jun 23, 2023
$239,570
Raegan Borders
Dsld Homes LLC
Deed
$191,656 · Dsld Mortgage LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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