NOT LISTED FOR SALE

2011 W Alabama Ave Ruston, LA 71270

-- Bed
-- Bath
-- Sq Ft
3.03 Acres

Last Sold September 12, 2019

16 Days on Market

Highlights

  • Brick Veneer
  • Central Heating and Cooling System
  • Ceiling Fan
  • Glen View Elementary School Rated A

About This Home

As of September 2019

This apartment complex is a great investment opportunity and a short walk to Louisiana Tech University. There are 56 apartments; 36 - 1 Bedroom units & 20 - 2 Bedroom Units. Current owners use a 1 bedroom unit as an office and a 2 bedroom unit for storage. Rents for the 1 bedroom units vary between $350-$425, 2 bedroom units vary between $400-$495.

Last Agent to Sell the Property

Brandon Crume

RE/MAX RESULTS REALTY License #0995684140 Listed on: 07/17/2019

Co-Listed By

Jennifer Crume

RE/MAX RESULTS REALTY License #0995684468

Last Buyer's Agent

Klayton Allen

Dogwood Real Estate LLC License #0099563462

Property Details

Home Type

  • Apartment

Year Built

  • 1978

Lot Details

  • 3.03 Acre Lot

Home Design

  • Brick Veneer
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Range

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • Insurance Expense $20,132
  • Gross Income $269,308

Listing and Financial Details

  • Assessor Parcel Number 22183411003

Property Details

Home Type

Apartment

Year Built

1978

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Apartments
  • Electric Companies: City of Ruston
  • Gas Companies: Centerpoint
  • Estimated Number of Acres: 3.03
  • Parish: LINCOLN
  • Water Companies: City of Ruston
  • Year Built: 1978
  • Insurance Expense: 20,132.16
  • Occupied Percent: 89
  • Property Tax Parish: 7,083.21
  • Vacant Percent: 11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Gas Range/Oven, Electric Range/Oven
  • Interior Amenities: Ceiling Fan(s), Smoke Detector

Exterior Features

  • Exterior: Brick Veneer, Vinyl Siding
  • Exterior Amenities: Hard Surface Drive, Paved Street
  • Foundation: Slab
  • Roof: Asphalt Shingle

Utilities

  • Cooling: Central Air, Wall/Window Unit
  • Gas: Installed
  • Heating: Central, Wall Heater
  • Sewer: Public
  • Water: Public, Separate Meters
  • Water Heater: Natural Gas
  • Electricity: Separate Meters

Lot Info

  • Geo Subdivision: LA
  • Parcel Number: 22183411003

Multi Family

  • Number Of Units: 56

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft Prior Sale
09/12/2019 09/12/19 Sold -- -- --
07/17/2019 07/17/19 For Sale $1,950,000 -15.2% --
11/07/2016 11/07/16 Sold -- -- -- View Prior Sale
10/31/2016 10/31/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $2,300,000 -- --
Source: Northeast REALTORS® of Louisiana

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brandon Crume

    Seller's Agent in 2019

    Brandon Crume

    RE/MAX

    (318) 278-5252

    149 Total Sales

    Brandon Crume
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jennifer Crume

    RE/MAX

    (318) 245-3258

    161 Total Sales

    Jennifer Crume
    Section Image
  • Klayton Allen

    Buyer's Agent in 2019

    Klayton Allen

    Dogwood Real Estate LLC

    (318) 533-7717

    48 Total Sales

    Klayton Allen
    Section Image

  • B

    Seller's Agent in 2016

    Bill Roark

    Tri State Properties, LLC

    Section Image
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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 189099

Northeast REALTORS® of Louisiana
Louisiana Lincoln Parish Ruston 71270

2011 W Alabama Ave, Ruston, LA

Not Listed for Sale

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