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Property profile & analytics
OFF-MARKET
Manufacturing properties

44 Magnolia Rd Sulphur, LA 70663

Individually Owned 1-yr Hold
Property ID
US36-1525832
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully remodeled four-unit quadplex located at 44 Magnolia Road, Sulphur, LA 70663. Each of the four units boasts 938 square feet of living space, thoughtfully designed with two bedrooms and one bathroom. Extensive renovations include new foam insulation, exterior siding, a new roof, new windows, updated AC units, completely remodeled kitchens and bathrooms featuring new cabinets and granite countertops, fresh sheetrock and paint, new flooring, and upgraded electrical and plumbing systems. Essentially, each unit is like new. One unit is currently leased at $1,100 per month, demonstrating immediate rental income potential. The property's location in flood zone X eliminates the need for flood insurance, further enhancing its investment appeal. This turnkey property is ideal for expanding a rental portfolio or entering the rental market. The property is classified as Mixed Use, Industrial, with a manufacturing subtype. The asking price is $460,000. This is a rare opportunity to acquire a high-quality, income-generating property in a desirable location.

Property profile
Verified
Property type Manufacturing properties
UPID US36-1525832
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
Current use
Occupant on record · Public records
  • Magnolia Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Deondre Tramond Pierite · 1 yrs held
Deondre Tramond Pierite
since 2025
2 recorded transactions
2025
$445,000
2019
$285,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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