703 Mallard St Street, Kinder, LA 70648

• 53,693 sqft

Property Description

Prime investment opportunity in Kinder near the Coushatta Casino featuring a 61-unit apartment complex with strong income and proven cash flow. The property consists of 32 brick-on-slab duplex-style buildings, including 6 one-bedroom units, 46 two-bedroom units, 8 three-bedroom units, and one 2-bedroom house. All units have one full bathroom, a full kitchen, living room, and separate bedrooms—designed for tenant comfort and ease of maintenance. With shingle roofs and two dedicated parking spaces per unit, this complex benefits from low maintenance costs and excellent tenant convenience. The property maintains high occupancy rates, generating consistent revenue with low operating expenses, resulting in a high cap rate and attractive return on investment. Ideal for investors seeking a stable, turnkey multifamily asset in a growing market with strong rental demand. Don’t miss this opportunity to add a high-performing portfolio to your investment holdings. Most units are occupied so need 24 hour notice for showings.

Listing Status:

Active

Date Added:

August 4, 2025 at 05:00AM

Listing Office:

Coldwell Banker Ingle Safari R : 337-478-1601

MLS ID:

SWL25100351

Interior

• Laundry: Washer HookupElectric Dryer HookupInside
• A/C: Central AirCeiling Fan(s)
• Heating: Central

Exterior

• Parking: Parking spaces: 122

Construction

• Roofing: Shingle
• General: Brick1

Location

• Originating MLS: SWLAR_SWLAR
• County: Allen

Lot

• Zoning: HE NORTHEAST QUARTER OF THE NORTHWEST QUARTER (NE/4 OF NW/4) OF SECTION 35TOWNSHIP 6 SOUTHRANGE 5 WESTWHICH POINT IS 187.8 FEET NORTH 6 DEG 10' EAST OF THE SOUTHEAST CORNER OF SAID NORTHEAST QUARTER OF THE NORTHWEST QUARTER (NE/4 OF NW/4) OF SECTION 35TOWNSHIP 6 SOUTHRANGE 5 WESTALLEN PARISHLOUISIANATHENCE NORTH 6 DEG 10' EAST A DISTANCE OF 439.3 FEET ALONG SAID EAST LINE OF THE NORTHEAST QUARTER OF THE NORTHWEST QUARTER (NE/4 OF NW/4) OF SECTION 35TOWNSHIP 6 SOUTHRANGE 5 WEST TO THE SOUTH LINE OF THE EXTENSION OF EIGHT AVENUE IN THE TOWN OF KINDERLA.THENCE NORTH 89 DEG 11' WEST A DISTANCE OF 468.9 FEET ALONG THE SOUTH LINE OF THE EXTENSION OF SAID EIGHT AVENUE TO A POINTTHENCE SOUTH 0 DEG 30' WEST A DISTANCE OF 391.7 FEETTO A POINT ON THE NORTH LINE OF PROPERTY SOLD TO J.I. FOSSETTET ALTHENCE NORTH 89 DEG 25' EAST A DISTANCE OF 170 FEET ALONG SAID NORTH LINE OF PROPERTY SOLD TO J.I. FOSSETTET AL TO A POINTTHENCE SOUTH 0 DEG 30' WEST A DISTANCE OF 490220062350

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater Connected
• Water: Public

Financial

• Source: SWLAR_SWLAR

This listing courtesy of Coldwell Banker Ingle Safari R