Listed By Coldwell Banker Ingle Safari R, Robbie Ingle
100 MCARTHUR ST Sulphur, LA 70663
$765,000
—
Bedrooms
—
Total Baths
—
Full Baths
11,818
Square Feet
0.46
Acres
1980
Year Built
Active
Status
MLS#
SWL24001373
Unlock a fantastic investment opportunity with the chance to own an 18-unit apartment complex in Sulphur. This valuable property features seventeen 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, all equipped with central air and heat for tenant comfort. Benefit from additional income with an on-site laundry facility. With rental rates ranging from $675 to $775 and a strong rental history, this complex promises a steady income flow of $12,100 monthly when fully occupied. The owner covers water, gas, and electric costs up to a $50/month cap. Each unit is separately metered for electricity, while gas and water are shared. Two units are currently available for immediate viewing, with a 48-hour notice required to tour occupied units. The property is located in flood zone X so no flood insurance required. Please note, to maintain privacy and security, there will be no for sale sign on the property. Don't miss this chance to expand your portfolio in a sought-after location. Schedule your showing today and explore the potential of this Sulphur apartment complex!
Details for 100 MCARTHUR ST
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office Coldwell Banker Ingle Safari R, (337) 478-1601
MLS# SWL24001373
Updated 3:52PM - 4/29/2024
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