703 Mallard St Street, Kinder, LA

Others for Sale - $3,250,000 - 53,693 Sq. Ft. on 8.46 acres


Agent Info

Robbie Ingle
Coldwell Banker Ingle Safari Realty

Property Info

CIMLS#1197207
Location
  703 Mallard St Street
  Kinder LA 70648
UpdatedOctober 2nd, 2026
TypeOthers
Price$3,250,000
Building53,693 Sq. Ft.
Land8.46 acres

Property Description

Expand your rental portfolio with this 61-unit apartment community in Kinder near Coushatta Casino, offering established rental income and a history of high occupancy. The property features 32 brick-on-slab buildings with a unit mix of 6 one-bedroom apartments, 46 two-bedroom apartments, 8 three-bedroom apartments, and one 2-bedroom house. A neighborhood-style layout with open lawns, mature shade trees, concrete drives, and sidewalks gives the community an inviting residential feel. The single-story, duplex-style buildings feature brick exteriors, shingle roofs, and individual ground-level entrances, with convenient parking near the front doors. Each unit includes one full bathroom, a full kitchen, a living room, and separate bedrooms, along with two dedicated parking spaces. Interior finishes vary by unit, with the photographed apartments offering easy-care tile flooring, light paint colors, natural light, and living areas with room for dining. The kitchens feature wood cabinetry, generous cabinet and counter space, gas ranges, and dishwashers, while bathrooms include tub-and-shower combinations. With a variety of unit sizes, consistent rental revenue, and reported low operating expenses, this property presents an opportunity to acquire an established income-producing community in Southwest Louisiana. Most units are occupied, and 24–48 hours’ advance notice is required for showings.


Financials


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