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This Multifamily Property is no longer advertised on LoopNet.com.
2400 Fruge St
Lake Charles, LA 70601
The Oaks Apartments · Multifamily Property For Sale
·
56 Units

Investment Highlights
- 56 Newly Renovated LIHTC units located in Lake Charles, LA.
- Initial Compliance Period expired in 2015
- Built in 2004, with complete interior renovation, new roofs, parking lot restriped, majority new appliances and updated finishes in 2022/2023.
- Extended Compliance period expires in 2030 and is currently QC eligible
- All units are individually metered for all utilities and Tenants are responsible for these expenses which reduces the expense load for the owners.
- Lake Charles is renowned for their petrochemical industry and gaming industry.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
- Granite Countertops
- Refrigerator
- Sprinkler System
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Clubhouse
- Laundry Facilities
- Property Manager on Site
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 703 |
| 2+1 | 24 | - | 842 |
| 3+2 | 19 | - | 1,144 |
| 4+2 | 9 | - | 1,289 |
Property Taxes
| Parcel Number | 01344281 | Improvements Assessment | $92,600 |
| Land Assessment | $13,780 | Total Assessment | $106,380 |
Property Taxes
Parcel Number
01344281
Land Assessment
$13,780
Improvements Assessment
$92,600
Total Assessment
$106,380
Listing ID: 29339454
Date on Market: 8/22/2023
Last Updated:
Address: 2400 Fruge St, Lake Charles, LA 70601
The Multifamily Property at 2400 Fruge St, Lake Charles, LA 70601 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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