171-181 Southside St - Apartments FOR SALE


Sulphur, LA 70665
$2,000,000 USD
713-294-7074
171-181 Southside St, Sulphur, LA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/3
null | 8.43% Cap Rate

171-181 Southside St
Sulphur, LA 70665


HIGHLIGHTS

  • Low maintenance exterior and interiors
  • Located among single family homes with low rental inventory
  • All new high-end stainless steel appliances
  • Great location near quality employers, shopping, and recreation
  • Several value add opportunities

OVERVIEW

Shadowlawn is an attractive mix of two and three-bedroom patio homes in a quiet area that is very close to many high paying employers. It is conveniently located near major thoroughfares, providing residents a short drive to work, grocery shopping, and recreational activities. Floor plans are spacious with all new stainless appliances and well-designed bathrooms. Each home has a backyard fenced all around for privacy to relax and grill with low maintenance turf grass for pets to roam freely. There are value creation opportunities by adding amenities such as climate-controlled storage or play areas. Built in 2022, Shadowlawn’s use of space and materials, quality finishes, backyards, and location makes it easy to attract and retain quality residents.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$152 USD /SF

# OF UNITS

12

PRICE/UNIT

$166,667

CAP RATE

8.43%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

Multifamily

APN/PARCEL ID

00120634

ASK ABOUT THIS PROPERTY

Nathan JagneauxBatir REID LLCMore Info
713-294-7074

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Nathan JagneauxBatir REID LLCMore Info
713-294-7074

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.