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Lot 1-A Block G of Shamrock Park 320 South Dr Hwy 1 SOuth Hwy 2 Unit Apartment Building $595,224 CAD ($297,612 CAD/Unit) Natchitoches, LA 71457
Investment Highlights
- Mixed-use property with two one-bedroom apartments and a freshly painted office space.
- Prime Natchitoches location near downtown attractions, Northwestern State University, and major highways.
- Two apartments currently leased, providing immediate rental income.
Executive Summary
320 South Dr in Natchitoches, LA 71457 is a mixed-use property featuring two offices - one office in the front of the building with a reception area approximately 400 sq feet.The next office has an external fire door is approximately 300 sq ft. It has a small bathroom with a new sink and toilet.with a closet. There is a hallway to the back room which has outside access and a larger bath room with a bigger sink and toilet. There is a shower thats not hooked up to water / but could be. The building has central air / heat. The roof is good with no leaks.
There are two apartments which are currently rented, providing consistent income, while the office is ready for immediate use. each apartment is approximately 600 sq ft with a bathroom / shower, toilet, sink, living room, stove, refrigerator, central air / heat and a brekfast area with an outside storage closet Situated in Natchitoches, Louisiana’s oldest settlement and a vibrant cultural hub, the area offers historic charm, popular dining and retail in downtown, and close proximity to Northwestern State University, Cane River Lake, and major routes including Highway 1 and I-49 for easy regional connectivity.
This property is in an excellent location on the main strip - Hwy 1 South, Approximately 1-1/2 hours from Shreveport airport or Alexandria airport.
There are two apartments which are currently rented, providing consistent income, while the office is ready for immediate use. each apartment is approximately 600 sq ft with a bathroom / shower, toilet, sink, living room, stove, refrigerator, central air / heat and a brekfast area with an outside storage closet Situated in Natchitoches, Louisiana’s oldest settlement and a vibrant cultural hub, the area offers historic charm, popular dining and retail in downtown, and close proximity to Northwestern State University, Cane River Lake, and major routes including Highway 1 and I-49 for easy regional connectivity.
This property is in an excellent location on the main strip - Hwy 1 South, Approximately 1-1/2 hours from Shreveport airport or Alexandria airport.
Property Facts
| Price | $595,224 CAD | Building Class | C |
| Price Per Unit | $297,612 CAD | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 3,700 SF |
| No. Units | 2 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1984 |
| Apartment Style | Low-Rise |
| Price | $595,224 CAD |
| Price Per Unit | $297,612 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,700 SF |
| Average Occupancy | 50% |
| No. Stories | 1 |
| Year Built | 1984 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0011307100 | Improvements Assessment | $20,522 CAD |
| Land Assessment | $8,393 CAD | Total Assessment | $28,915 CAD |
Property Taxes
Parcel Number
0011307100
Land Assessment
$8,393 CAD
Improvements Assessment
$20,522 CAD
Total Assessment
$28,915 CAD
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Wagner Investments
Lot 1-A Block G of Shamrock Park | 320 South Dr Hwy 1 SOuth Hwy
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