2505 Rhua Drive, Sulphur, LA 70663

Sulphur
Local realty services provided by:ERA Sarver Real Estate
2505 Rhua Drive,Sulphur, LA 70663
$1,100,000
Virtual Tour
  • - Beds
  • - Baths
  • 19,331 sq. ft.
  • Multi-family
  • Pending
Office: coldwell banker ingle safari r
MLS#:SWL24007174
Source:LA_SWLAR

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$56.9

About this home

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...

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Home facts

  • Year built:1988
  • Listing ID #:SWL24007174
  • Added:434 day(s) ago
  • Updated:March 19, 2026 at 07:53 AM

Rooms and interior

  • Kitchen Description:Refrigerator
  • Living area:19,331 sq. ft.

Heating and cooling

  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1988
  • Building area:19,331 sq. ft.
  • Lot area:0.78 Acres
  • Lot Features:City Lot, Front Yard, Irregular Lot
  • Architectural Style:Traditional
  • Construction Materials:Vinyl Siding
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$56.9

Features and amenities

  • Amenities:Tub Shower

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