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305 E Railroad St E 5 Unit Apartment Building $275,000 ($55,000/Unit) Kinder, LA 70648
Executive Summary
Investor Alert! This fully leased 5-unit multifamily property delivers reliable income in a sought-after Kinder location just off Hwy 165, near the Coushatta Casino. Comprised of two one-bedroom and three two-bedroom units across two separate buildings, this well-maintained complex boasts high occupancy and low expenses. Offering a solid 10% cap rate, it's an excellent opportunity for investors seeking consistent cash flow and long-term value growth. Don't miss this rare chance to add a turnkey investment to your portfolio in a thriving market. All units are occupied so need minimum 24-hour notice for all showings.
Property Facts
| Price | $275,000 | Apartment Style | Low-Rise |
| Price Per Unit | $55,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| No. Units | 5 | Building Size | 3,570 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1988 |
| Price | $275,000 |
| Price Per Unit | $55,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 3,570 SF |
| No. Stories | 2 |
| Year Built | 1988 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
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305 E Railroad St E
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