Property Listing No Longer Available for Sale

1366 Georgia Road, Lake Charles, LA

Multi-family for Sale - $1,850,000


Property Info

CIMLS#1152932
Location
  1366 Georgia Road
  Lake Charles LA 70611
UpdatedDecember 19th, 2023
TypeMulti-family
Price$1,850,000

Property Description

Looking for some Newly Constructed investment properties? These 8 brand new duplexes were just completed situated on a 1.66 acre lot in Moss Bluff. They offer an excellent opportunity for buyers looking to expand their portfolio. Each duplex is one story with Hardi-plank siding on slab. There are 8 duplexes with a total of 16 units. Each building has two rental units comprised of 2 bedroom/2 bathroom with open floorplan and washer/dryer hookups at 962 sq/ft each. This perfect layout is attractive to tenants and allows for comfortable living spaces. Stained concrete floors for easy maintenance for landlords and tenants. All Separate metered on electricity. There are covered front and back porches on all units. Expansion potential with a enlarged new commercial sewer system that can handle 2 additional duplexes. Located in Flood zone X and will not require flood insurance. The units have just started to lease out. There are some vacant ones that are easy to show.


Financials


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