NOT LISTED FOR SALE

100 Mcarthur St Sulphur, LA 70663

18 Beds
1 Bath
11,818 Sq Ft
0.46 Acres

Last Sold September 07, 2017

65 Days on Market

Highlights

  • Traditional Architecture
  • Attached Carport
  • Rectangular Lot
  • Frasch Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of September 2017

Great investment opportunity to purchase an 18 unit apartment complex in Sulphur. This property consists of 17- 1 bedroom/1 bath units and 1- 2 bedroom/1 bath unit. Laundry facility on site and generates an additional $250-400 month. All units have central air and heat. 9 of the units are currently rented others are awaiting make ready renovations. These units rent immediately once the unit is made rent ready. Current rent is $5350 a month. Owner pays water, gas and electric with cap of $75/month. When all units are rented $10445 monthly rent. Units to be sold as-is. Seller just replaced 100 gallon hot water heater and renovated several units. Seller is renovating one unit at a time currently. Need 48 hour notice to show all rented units. There will be no for sale sign on property.

Property Details

Home Type

  • Condominium

Year Built

  • 1983

Lot Details

  • 0.46

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Parking

  • Attached Carport
  • Parking Lot

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 18 Units

Property Details

Home Type

Condominium

Year Built

1983

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Features: City Lot, Rectangular Lot
  • LotSizeAcres: 0.46
  • Co List Office Phone: 337-478-1601
  • Directions: Hwy 90 & Mcarthur Take Hwy 90 in Sulphur past Ruth Street. Turn right on McArthur Right off of Hwy 90.
  • Architectural Style: Traditional
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • PropertySubTypeAdditional: Apartment
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Private Spa: No

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Repairs Cosmetic
  • Roof: Shingle

Garage/Parking

  • Has Carport?: Yes
  • Parking Features: Attached Carport, Parking Lot

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 20037.6

Multi Family

  • Number Of Units Total: 18

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2017 09/07/17 Sold -- -- --
07/26/2017 07/26/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $585,000 -1.7% $50 / Sq Ft
09/05/2013 09/05/13 Sold -- -- --
07/07/2013 07/07/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $595,000 +19.0% $50 / Sq Ft
03/01/2012 03/01/12 Sold -- -- --
01/16/2012 01/16/12 Pending -- -- --
04/14/2011 04/14/11 For Sale $499,900 -- $42 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: 148458