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Arabi, LA Home for Sale with Acreage

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  • 1205 Mehle St, Arabi, LA 70032
    1205 Mehle St, Arabi, LA 70032
    1205 Mehle St, Arabi, LA 70032
    /25

    $4,450,000

    • 120 Beds
    • 90 Baths
    • 57,600 Sq Ft

    1205 Mehle St, Arabi, LA 70032

    8.27% cap rate on actual NOI! 10.71% pro forma cap rate. The Arabi Townhomes is a well-maintained 60-unit apartment community located at 1205 Mehle St in Arabi, LA. Offering 60 spacious two-bedroom, 1.5-bathroom units, this property is 100% occupied, providing a solid, stable income stream. $54,525 per month gross income - far exceeds 1% rule. Recent market rent comparables indicate that

    Mason McCullough Bridgewater Realty Advisors, LLC

    1205 Mehle St, Arabi, LA 70032
Louisiana St Bernard County Arabi

Homes for Sale with Acreage in Arabi, LA

Home Trends in Arabi, LA

On average, homes in Arabi, LA sell after 104 days on the market compared to the national average of 54 days. The median sale price for homes in Arabi, LA over the last 12 months is $280,000, down 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$280,000
Median Single Family Sale Price
$299,000
Average Price Per Sq Ft
$166
Number of Homes for Sale
46
Last 12 months Home Sales
115
Months of Supply
4.80
Median List Price
$309,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-3%
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