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Renaissance Place 1870 Marshall Frank Dr 25 Unit Apartment Building $1,777,165 CAD ($71,087 CAD/Unit) 10% Cap Rate Ville Platte, LA 70586

Apartment Buildings Louisiana Ville Platte 1870 Marshall Frank Dr, Ville Platte, LA 70586

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Investment Highlights

  • Has 3 to 4 acres extra to build additional units

Executive Summary

25 Houses and 1 Office / CLub House same street
All only 15 years old
No major work, just cosmetic issues
All 100% occupied with a waiting list
half on sec 8
Insurance 25k per yr
Taxes 10k yr

Attachments

Renaissance Place Apprasial

Property Facts

Price $1,777,165 CAD Apartment Style Single-Family Home
Price Per Unit $71,087 CAD Building Class C
Sale Type Investment Lot Size 7.45 AC
Cap Rate 10% Building Size 30,800 SF
Sale Condition Bulk/Portfolio Sale Average Occupancy 100%
Gross Rent Multiplier 1 No. Stories 1
No. Units 25 Year Built 2010
Property Type Multifamily Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype
Apartment
  • Multifamily Dormitory
 Parcel Number 811-0002840
Price $1,777,165 CAD
Price Per Unit $71,087 CAD
Sale Type Investment
Cap Rate 10%
Sale Condition Bulk/Portfolio Sale
Gross Rent Multiplier 1
No. Units 25
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Single-Family Home
Building Class C
Lot Size 7.45 AC
Building Size 30,800 SF
Average Occupancy 100%
No. Stories 1
Year Built 2010
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parcel Number 811-0002840

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Tub/Shower
  • Carpet
  • Double Pane Windows
  • Family Room
  • Vinyl Flooring
  • Large Bedrooms

Site Amenities

  • Clubhouse
  • Maintenance on site
  • Online Services
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 8 $820.23 CAD 1,200
3+2 9 $956.94 CAD 1,300
5+2 8 $1,094 CAD 1,500
1 1
(337) 256-9295

Still interested?

Contact the broker for more information about this property

Contact

  • Greg Johnson
    Greg Johnson
  • G Johnson Media Corp

  • Listing ID: 39606875

  • Date on Market: 2026-02-27

  • Last Updated:

  • Address: 1870 Marshall Frank Dr, Ville Platte, LA 70586

The Multifamily Property at 1870 Marshall Frank Dr, Ville Platte, LA 70586 is currently available for Sale. Contact G Johnson Media Corp for more information.

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Renaissance Place | 1870 Marshall Frank Dr
(337) 256-9295 x

Renaissance Place | 1870 Marshall Frank Dr

Greg Johnson
(337) 256-9295

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