106 E 3rd Street, Belle Chasse, LA 70037
Local realty services provided by:ERA Sarver Real Estate
106 E 3rd Street,Belle Chasse, LA 70037
$950,000
- 23 Beds
- 23 Baths
- 16,890 sq. ft.
- Multi-family
- Pending
Listed by: herbert dubuisson, glenn gardner
Office: compass mandeville (comp15)
MLS#:2544893
Source:LA_GSREIN
Price summary
- Price:$950,000
- Price per sq. ft.:$56.25
About this home
Oak Plaza Apartments has been owned and operated by the same family since 1978 and is being offered for sale as part of a generational succession. The property has maintained a strong and consistent occupancy history and is presently 100% occupied. It has been well maintained under long-term ownership. Historically, operations have not been optimized to maximize rental revenue or operating efficiencies, presenting a compelling value-add opportunity for an investor. Upside potential exists through market-supported rent growth, improved expense management, and professional operations. The asset is a stabilized, income-producing multifamily investment located in a market with job growth such as the new LNG liquefaction and export facility in Plaquemines Parish coupled with a limited number of multifamily properties in the immediate area. Oak Plaza Apartments consists of twenty three (23) well-maintained one-bedroom/one-bathroom units with on-site laundry faciliites and an office/storage room, situated across two separate two-story buildings positioned on either side of a private, on-site parking lot exclusively for residents. The apartments are individually-metered electricity with central water service. With stable tenancy and strong rental demand, Oak Plaza Apartments provides an attractive investment opportunity....
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Home facts
- Year built:1978
- Listing ID #:2544893
- Added:21 day(s) ago
- Updated:April 01, 2026 at 07:55 AM
Rooms and interior
- Bedrooms:23
- Total bathrooms:23
- Full bathrooms:23
- Living area:16,890 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Year built:1978
- Building area:16,890 sq. ft.
- Lot Features:Outside City Limits, Rectangular Lot
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$56.25
Parking
- Parking description:Parking Lot
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