391 Railroad St Arnaudville, LA 70512
- Commercial real estate
- 10,000 SF
- 0.43 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 391 Railroad St
- Lot size
- 0.43 lot acres
- Property size
- 10,000 SF
- Property type
- Commercial real estate
- APN
- 0300062500
Description
This exceptional investment opportunity presents an eight-unit apartment building located at 391 W Railroad St, Arnaudville, LA 70512. The property boasts a total of 10,000 square feet, with 7,000 square feet of net rentable space, spread across two stories in a single building. Each of the eight units features two bedrooms and one bathroom, recently undergoing a complete renovation. Upgrades include new flooring, interior and exterior paint, fixtures, window units, sinks, toilets, bathtubs, mirrors, vanities, and ceiling fans. All units are currently occupied, providing immediate cash flow. Each unit offers convenient access code entry. The property also features a metal roof, approximately 10 years old. The property sits on a 0.43-acre lot (APN: 0300062500) and is priced at $450,000, or $74,937.50 per unit, and $64.29 per square foot. Water expenses, averaging approximately $250 per month, are covered by the owner. This is a rare opportunity to acquire a fully renovated, high-occupancy multifamily property in the peaceful town of Arnaudville, Louisiana. The strong rental income and recent renovations make this an attractive investment prospect.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arnaudville
- County
- St. Landry Parish
- State
- Louisiana
- Longitude
- -91.9379149
- Latitude
- 30.402704
