3201 2nd Ave | Lake Charles, LA 70601
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3201 2nd Ave
Lake Charles, LA 70601
MADRID APARTMENTS · Multifamily Property For Sale
·
62 Units
Investment Highlights
- PROXIMITY TO KEY AMENITIES- The property is strategically located just minutes from key transportation routes
- EMPLOYMENT OPPORTUNITIES- The Lake Charles area is home to several large employers
- STEADY RENT GROWTH- Due to strong demand and low supply, rents have been increasing steadily over the past few years
- URBAN DEVELOPMENT AND INFRASTRUCTURE INVESTMENT- The local government of Lake Charles has been actively investing in the region
- LIMITED HOUSING SUPPLY- The demand for rental properties is outpacing the supply in the area
Property Facts
| No. Units | 62 | Lot Size | 2.98 AC |
| Property Type | Multifamily | Building Size | 56,400 SF |
| Property Subtype | Apartment | Average Occupancy | 92% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1964/1980 |
| Zoning | Business | ||
| No. Units | 62 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.98 AC |
| Building Size | 56,400 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/1980 |
| Zoning | Business |
Property Taxes
| Parcel Number | 00808830 | Improvements Assessment | $42,420 |
| Land Assessment | $25,700 | Total Assessment | $68,120 |
Property Taxes
Parcel Number
00808830
Land Assessment
$25,700
Improvements Assessment
$42,420
Total Assessment
$68,120
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