705 N 11th ST N, Kinder, LA 70648
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705 N 11th ST N, Kinder, LA 70648
705 N 11th ST N, Kinder, LA 70648
705 N 11th ST N, Kinder, LA 70648
705 N 11th ST N, Kinder, LA 70648
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Danielle Wyble

Danielle Wyble

+1(337) 936-9889
Listed by Coldwell Banker Ingle Safari R
$ 1,155,000
Est. payment /mo
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705 N 11th ST N Kinder, LA 70648

17,692 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 17,692 sqft

Price per Sqft $65

MLS Listing ID SWL26002410

HOA Y/N No

Year Built 2002

Lot Size 1.720 Acres

Acres 1.72

Lot Dimensions 1.72 acres combined both properties m/l

Property Sub-Type Multi Family

Property Description

Rare multifamily investment opportunity in Kinder, Louisiana, featuring two income-producing properties being offered together: 705 N 11th Street and 305 E Railroad Avenue. Together, these assets provide a strong mix of stable occupancy, durable construction, and long-term cash-flow potential in a desirable rental market just minutes from Coushatta Casino Resort, one of the area's major employment and entertainment drivers. 705 N 11th Street is a well-maintained 16-unit apartment complex situated on approximately 1.48 acres in Flood Zone X, where flood insurance is not required. Built in 2002, the property includes two solid brick buildings, each containing eight identical 2 bedroom, 1 bathroom units. Each unit offers approximately 882 square feet with an efficient open-concept layout, L-shaped kitchen, stove, refrigerator, dishwasher, washer/dryer hookups, tile in high-traffic areas, vinyl plank flooring in bedrooms, neutral paint, and ceiling fans throughout. All units are separately metered for electric and water, with tenants paying their own utilities. Recent improvements include a new roof in 2024, and the brick construction, double-pane windows, and pitched roofs help support lower operating costs. Central parking, green space, and strong road visibility add to the property's appeal. 305 E Railroad Avenue is a fully leased 5-unit multifamily property located just off Hwy 165 near Coushatta Casino. This property includes two separate buildings with a unit mix of two 1 bedroom units and three 2 bedroom units. With high occupancy, low expenses, and a reported 10% cap rate, this asset offers reliable income and an excellent opportunity for investors seeking immediate cash flow. Combined, these two properties create a rare 21-unit investment package with consistent rental demand, strong fundamentals, and upside potential in a growing Kinder market. Whether you are expanding an existing portfolio or entering the multifamily space, this package offers turnkey income, durable assets, and a strategic location near major area employers. All units are currently occupied; Seller will only disturb tenants and show vacant units until inspection period for buyer

Location

State LA

County Allen

Area Other

Zoning Commercial

Direction From I10 head north on Hwy 165 turn right on Third Ave. Turn left on E Railroad Ave -- 305 E Railroad is on the left. From HWY 165 turn left on Seventh Ave. Turn right onto 11th street -- 705 N 11th is on the left at dead end

Interior

Heating Central

Cooling Central Air, Ceiling Fan(s)

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Water Access Desc Public

Roof Type Shingle

Present Use Multi-Family

Building

Lot Description City Lot, Irregular Lot

Story 2

Water Public

Others

Tax ID 0220036260

Special Listing Condition Standard

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Danielle Wyble
Danielle Wyble

Agent

+1(337) 936-9889 | danielle@empiregroupswla.com

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705 N 11th ST N