$2,103,000

14590 Highway 165 Kinder, LA 70648

Estimated payment $13,828/month

-- Bed
-- Bath
18,000 Sq Ft
$117 Price per Sq Ft

About This Home

Discover a prime investment opportunity with this well-maintained apartment complex located on the south side of Kinder. Built in 1996 and renovated in 2023, this 25-unit property sits on two acres, with an additional one-acre lot on the south side perfect for expansion, resale, or endless possibilities. The complex features a mix of 6 - 1BR/1BA, 18 - 2BR/2BA, and 1 - 3BR/2BA units. Each apartment boasts modern stainless steel appliances, laminate wood floors, ceramic tile in bathrooms, ceiling fans, split A/C and heat units, and neutral color, creating a contemporary and comfortable living environment. The property includes 107 parking spaces along with 4 handicap-accessible spots, and there is a laundry facility that generates additional income. Each unit has its own electric and water meter, and the owner covers garbage pickup and grounds maintenance. The complex is equipped with a fire sprinkler system, installed and approved by the fire marshal, ensuring safety and compliance. With an impressive 98% occupancy rate and a strong rental history, this complex offers a stable income stream and significant future potential. This versatile property combines modern upgrades, desirable amenities, and a strategic location — making it an exceptional opportunity for investors looking to expand their portfolio.

Listing Agent

Tricia Phillips

Century 21 Bono Realty License #44262 Listed on: 07/11/2025

Map

Property Details

Property Type

Other

Est. Annual Taxes

$28,425

Year Built

1996

Lot Details

0

Listing Details

  • Property Sub Type: Special Purpose
  • Property Type: Commercial Sale
  • Lot Size: 326 x 400 x 355 x 405
  • Professional Management Expense: 12000.0
  • Co List Office Mls Id: 288
  • Co List Office Phone: 337-478-1578
  • Directions: From I-10 head North, Apartments are just south of Kinder, on West side of road.
  • Special Features: None
  • Year Built: 1996

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Washer
  • Stories: 2

Exterior Features

  • Construction Type: Stucco
  • Roof: Metal

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside
  • Cooling: Ceiling Fan(s), Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 780.0

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 3.0
  • Additional Parcels: No
  • Zoning Description: MultiUse

Multi Family

  • Electric Expense: 2040.0
  • Insurance Expense: 15000.0
  • Property Net Operating Income: 233900.0
  • Number Of Units Leased: 25

Range of Values:

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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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $28,425 $156,010 $9,780 $146,230
2023 $24,418 $130,010 $8,150 $121,860
2022 $24,526 $130,010 $8,150 $121,860
2021 $24,480 $130,010 $8,150 $121,860
2020 $24,571 $130,010 $8,150 $121,860
2019 $24,979 $130,010 $8,150 $121,860
2018 $22,047 $130,010 $8,150 $121,860
2017 $21,626 $130,010 $8,150 $121,860
2015 $22,363 $130,010 $8,150 $121,860
2013 $22,916 $130,010 $8,150 $121,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $2,103,000 -- $117 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,760,000 None Listed On Document
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $21,675 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,020,000 New Conventional
Source: Public Records

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL25100004

APN: 022-0008615