Discover a prime investment opportunity with this well-maintained apartment complex located on the south side of Kinder. Built in 1996 and renovated in 2023, this 25-unit property sits on two acres, with an additional one-acre lot on the south side perfect for expansion, resale, or endless possibilities. The complex features a mix of 6 - 1BR/1BA, 18 - 2BR/2BA, and 1 - 3BR/2BA units. Each apartment boasts modern stainless steel appliances, laminate wood floors, ceramic tile in bathrooms, ceiling fans, split A/C and heat units, and neutral color, creating a contemporary and comfortable living environment. The property includes 107 parking spaces along with 4 handicap-accessible spots, and there is a laundry facility that generates additional income. Each unit has its own electric and water meter, and the owner covers garbage pickup and grounds maintenance. The complex is equipped with a fire sprinkler system, installed and approved by the fire marshal, ensuring safety and compliance. With an impressive 98% occupancy rate and a strong rental history, this complex offers a stable income stream and significant future potential. This versatile property combines modern upgrades, desirable amenities, and a strategic location — making it an exceptional opportunity for investors looking to expand their portfolio.
For sale
Price cut: $353K (9/17)
$1,750,000
14590 Highway 165, Kinder, LA 70648
--beds
--baths
18,000sqft
Est.:
Apartment, Multi Family
Built in 1996
-- sqft lot
$-- Zestimate®
$97/sqft
$-- HOA
What's special
Neutral colorTwo acresAdditional one-acre lotModern stainless steel appliancesCeramic tile in bathroomsLaminate wood floorsCeiling fans
- 136 days |
- 71 |
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