6519 Meadow Ridge Lane

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6519 Meadow Ridge Lane

Lake Charles, LA 70605
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Lake Charles
  • Located at 6519 Meadow Ridge Lane in a growing market
  • Residential investment property suited for long term portfolio stability
  • Strategically positioned within the active southwest Louisiana regional economy
  • Asset provides direct access to key local transit corridors

What's Special

This multifamily apartment building at 6519 Meadow Ridge Lane in Lake Charles, Louisiana, presents a functional acquisition target for investors focused on adding residential inventory to their portfolios. Located in a growing regional market, the property serves the local housing demand driven by the robust industrial and energy sectors that characterize the southwest Louisiana economy. Lake Charles remains a pivotal hub for maritime and petrochemical commerce, ensuring a consistent tenant base for well-positioned rental assets. The site offers proximity to primary transit routes, facilitating access for residents working across the metro area. Given the current market dynamics, this asset type is well-suited for buy-and-hold strategies or institutional investors looking to capitalize on rental yield in a stabilized suburban environment. The existing configuration supports standard apartment leasing operations, providing a straightforward opportunity to integrate a residential component into an existing investment strategy in a key Gulf Coast market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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