955 Tallow Road

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955 Tallow Road

Lake Charles, LA 70607
Asking Price
$80K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building available in Lake Charles, Louisiana.
  • Property is situated at the address 955 Tallow Road.
  • Asking price for this residential asset is 80,000 dollars.
  • Located within the stable 70607 zip code market area.
  • Asset offers potential for long-term residential rental income generation.

What's Special

This multifamily apartment building sits at 955 Tallow Road in Lake Charles, Louisiana. The property presents a potential acquisition for investors seeking to expand their residential portfolio within this established Gulf Coast market. Lake Charles maintains a stable regional economy supported by industrial, energy, and gaming sectors, providing a consistent demand for rental housing across the metro area. Its location in the 70607 zip code offers connectivity to local transit corridors and proximity to the growing commercial hubs that define the character of Southwest Louisiana. Investors may evaluate this asset for long-term residential leasing strategies or value-add repositioning efforts. The configuration of the apartment building allows for flexible management approaches in a market where workforce housing remains a primary component of the local real estate landscape. Interested parties should conduct due diligence to align the physical condition and zoning regulations with their specific acquisition criteria for this asset.

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NOI
$80,000
Cap Rate
100.00%
DSCR
16.84
Strong
Cash-on-Cash
313.54%
Monthly Payment
$395.796
Annual Cash Flow
$75,250.444

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