Multi Family Land for Sale

Vacant Land for Sale
Catylist Listing ID: 30851372
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 13.55 Acres
Sale Price: $3,500,000
Unit Price: $258,302 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/12/2024

Overview / Comments

Fully entitled and shovel & permit-ready development parcel awaits in the thriving Lake Charles, LA region. This prime real estate is approved for a total of 240 multifamily units, boasting comprehensive plans and pre-engineering solutions. Nestled within a high-demand growth area, it also holds the potential to become an excellent candidate for townhome or single-family rental development.

Additional Details

Nearest MSA: Lake Charles
County: Calcasieu
Tax ID/APN: 00095648Z
Property Visibility: Excellent
Largest Nearby Street: Ham Road
Feet of Frontage: 723
Site Description: flat and cleared. detention pond installed. Shovel ready.
Lot Frontage: 723
Lot Depth: 814
Development Name: Southlake Village apartments
Topography: Level
Available Utilities: Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,986 36,606 76,174
Median Age: 30.85 37.55 36.25
Households: 2,835 14,643 30,687

Contact

Photograph of Listing Agent

Chris Shaheen

Marcus & Millichap Baton Rouge, LA 70810
LACDB Member
Photograph of Listing Agent

Jessica Thompson

Marcus & Millichap Baton Rouge, LA 70810
LACDB Member
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