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Browse More Listings in Multifamily For Sale, Lake Charles, LA or Louisiana

Multifamily Property For Sale

Pelican Place Townhomes

4439 Brown Street, Lake Charles, LA 70607

Price:
$1,390,000
No. Units:
13
Building Size:
15,418 SF
Price/Unit:
$106,923.08
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
8.80%
No. Stories:
2
Year Built:
2008
Find Out More...

Last Verified 11/18/2009 Listing ID 14870449

Highlights

Great Location
Near Hospital
Close to College Campus

Construction completed Jan. 2008
Option for Expansion

Description

Sale Price Reduced. Construction completed in Feb. 2008. This project is 13 two story townhouses. The 13 units are separated into two buildings of 7 units and 6 units. Will consider selling individual buildings.

Located on Brown Street in Lake Charles, LA near college campus and hospital.

Financial Summary

Actual
Net Operating Income
$121,900

Map of 4439 Brown Street, Lake Charles, LA 70607 (Calcasieu County)

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Presented by

Trahan Construction, LLC.

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Contact Listing Broker

Troy Trahan (337) 774-3600

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Created 11/5/2006

Additional Information for 4439 Brown Street, Lake Charles, LA 70607

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Pelican Place Townhomes

4439 Brown Street, Lake Charles, LA, 70607