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821 18Th St Lake Charles, LA 70601

OFF-MARKET Specialty properties Google Maps
Estimated value
No estimation on file for this property yet.
Property ID US36-1476562

Property summary

AI-generated overview

This exceptional investment opportunity in Lake Charles, Louisiana, presents four duplex units totaling eight efficiency apartments, each featuring one bedroom, one bath, a spacious living room, full kitchen with electric range and refrigerator, and washer/dryer hookups. Situated on a one-acre lot at 821 W 18th Street A-H, this property offers significant potential for future expansion or development. The property's prime location near Lake Street provides easy access to retail, restaurants, and hotels, ensuring high tenant demand. All units are currently occupied, generating immediate rental income. The asking price is $422,480. This is a special purpose property classified as industrial and commercial land, offering a blend of immediate return and long-term growth potential. All measurements are approximate

Property profile

Verified
Property type Specialty properties
UPID US36-1476562

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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