LA
Calcasieu
Sulphur
70663
2505 Rhua Drive
2505 Rhua Drive, Sulphur, LA 70663
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Listing Type
other
Listing Status
Active
17
$1,100,000

Home Details for 2505 Rhua Drive

Price
$1,100,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1988
Lot size acres
0.775
County
Calcasieu
Garage
Days on site
221
MLS Listing#
SWL24007174
Property Description

Motivated seller says bring all OFFERS! Seize this incredible opportunity to own a profitable 20-unit apartment complex in the Maplewood area of Sulphur, ideally situated close to I-10. This investment property boasts a strong cash flow with low vacancy rates, making it an attractive option for investors. Comprising five separate buildings, each unit within the complex offers 2 bedrooms and 1 bathroom with an open floor plan that appeals to tenants. The owner is responsible for water and trash expenses only, as all units are individually metered for electricity, enhancing cost efficiency. Post-hurricane updates include new roofs and extensive interior remodels across most units, featuring fresh paint and modern finishes that enhance tenant appeal. Located in flood zone X, investors benefit from no mandatory flood insurance, further reducing overhead costs. Currently, rents are set at $750-$800 per unit per month, accumulating approximately $15,000 in total monthly revenue when fully occupied. With several units presently undergoing preparations for new tenants and available for showing on short notice via lockbox, this complex is priced to sell. Annual property taxes are an affordable $4,072. The seller is presently NOT open to owner financing, paving the way for straightforward acquisition. With competitive pricing and strong income potential, this property is a must-see for serious investors. Act now to explore this excellent investment opportunity and consider making an offer on this high-demand rental property.

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Property Features
  • Utilities
    • Electricity Connected
    • Natural Gas Connected
    • Sewer Connected
    • Water Connected
  • Parking
    • Driveway
    • Parking Lot
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • Fire Place
    • None
Listing Courtesy: Coldwell Banker Ingle Safari R - 337-478-1601
The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of the Southwest Louisiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Southwest Louisiana MLS. All Rights Reserved.
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Southwest Louisiana Association of Realtors.
EXIT REALTY SOUTHERN
3701 Maplewood Dr, Sulphur, LA 70663
Emily Ross
License #: 995714138
Sales Representative
Office
337 287 9500
Agent
409 779 9959
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