This Multifamily Property is no longer advertised on LoopNet.com.

138 Airport Rd
Natchitoches, LA 71457
Natchitoches Homes · Multifamily Property For Sale · 39 Units

Investment Highlights

  • Property is Eligible to be Converted to Market Rate Through the Qualified Contract Process
  • Home to Northwestern State University, Offering More than 50 Degree Programs and an Enrollment of Over 10,000
  • Natchitoches Top Employment Industries are in Healthcare, The Public and Private School Systems, and Retail/Tourism
  • LIHTC Property Consisting of 39 Single Family Homes Located Near Schools, Area Amenities, and the Natchitoches Regional Airport
  • Rental Upside Opportunities Based on Rent Comps and Market Conversion
  • The Property is Located within a Qualified Census Tract and an Opportunity Zone

Property Facts

No. Units 39
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 10.00 AC
Building Size 43,750 SF
Average Occupancy 98%
No. Stories 1
Year Built 2002
Zoning SFR

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 32 $625.00 1,085
4+2 7 $690.00 1,290

Property Taxes

Property Taxes

Parcel Number
0011381352
Land Assessment
$1,300
Improvements Assessment
$4,560
Total Assessment
$5,860
  • Listing ID: 20117337

  • Date on Market: 7/1/2020

  • Last Updated:

  • Address: 138 Airport Rd, Natchitoches, LA 71457

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