721 Moss Street

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721 Moss Street

Lake Charles, LA 70601
Asking Price
$275K
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 purchase at $275,000.
  • Located at 721 Moss Street in Lake Charles, Louisiana.
  • Property situated within the established 70601 zip code area.
  • Asset provides residential leasing potential for local market tenants.
  • Strategic regional location supported by local petrochemical sector growth.

What's Special

Priced at $275,000, this multifamily apartment building at 721 Moss Street in Lake Charles, Louisiana, represents an acquisition target for regional investors. The property is positioned within the 70601 zip code, an area characterized by its proximity to the industrial and logistical hubs that drive the local economy. Lake Charles maintains a consistent demand for rental housing due to its steady labor force and active petrochemical sector, which serves as the backbone for the surrounding submarket. This asset type remains a staple for those looking to expand their portfolio within the Gulf Coast region. Given the structural nature of apartment buildings in this density, the property is suited for residential leasing strategies targeting local workforce populations. The location offers functional access to primary transit corridors, facilitating connectivity across the broader Lake Charles metropolitan area for residents.

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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401

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