602 Penn St - Apartments CONDO FOR SALE


Lake Charles, LA 70601
$1,475,000 USD
337-802-5078
602 Penn St, Lake Charles, LA for Sale
$1,475,000 USD
Apartments CONDO - FOR SALE
1/19
null | Request Cap Rate

602 Penn St
Lake Charles, LA 70601


OVERVIEW

Welcome to a superb investment opportunity with this nearly new, well-maintained apartment complex! Built in 2023, this property features 9 modern, 2-bedroom, 2-bathroom units, each unit is 1,052 square feet. With 8 of the 9 units currently leased, you'll benefit from immediate cash flow. The complex boasts low maintenance requirements, making it an ideal investment for those seeking a hassle-free property. With its prime location and modern amenities, this complex is a fantastic addition to any real estate portfolio. Don’t miss out on this opportunity to acquire a near-new property with strong income potential!

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$1,402 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

9,468 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,467 SF

ZONING

C-3

APN/PARCEL ID

00380903

ASK ABOUT THIS PROPERTY

Harold MillerLatter & BlumMore Info
337-802-5078

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Harold MillerLatter & BlumMore Info
337-802-5078

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