1259 St Charles Street
Thibodaux, LA 70301
- 130 beds
- 48 baths
- 47,400 sqft
- $37 per sqft
- 1997 build
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48 Turn Key units consisting of 4, 3, & 2 bedrooms. All new roofs across 10 buildings, major renovation work done on both interior and exterior. Dedicated leasing office and conference room, management willing to stay on. Significant upside in improving rents to market rent (~67% under market rate). Cash flows as is. Do not disturb tenants or management on site. Please reach out for any questions including Offering Memorandum and to schedule appointments.
Last checked:
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Last updated Dec 16, 2024
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MLS# 2411228 —
The Building
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Year Built:1997
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Year Built Details:Resale,Renovated cosmetic changes of at least 50% total living area - i.e. paint
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New Construction:No
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Construction Materials:Vinyl Siding
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Architectural Style:Other
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Building Area Source:Appraiser
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Roof:Shingle
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Foundation:Slab
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Security Features:Closed Circuit Camera(s)
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Levels:Two
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Stories:2
Interior
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Living Area:47400
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Living Area Source:Appraiser
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Laundry Features:In Unit
Location
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Cross Street:Pecan & Sanders
The Property
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Parcel Number:0020536700
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Property Type:Residential Income
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Property Subtype Additional:Apartment
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Property Subtype:Apartment
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Property Condition:Excellent, Repairs Cosmetic, Resale
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Lot Features:Acreage, City Lot
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Lot Size Dimensions:22 Acres
Listing Agent
- Contact info:
- Agent phone:
- (504) 298-8631
- Office phone:
- (504) 298-8631
Taxes
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Tax Legal Description:TRACT CONT. 2.42 ACRES AS SHOWN ON PLAT OF SURVEY BY JOSEPH G. MILLER, P.L.S., DATED DECEMBER 11, 1996. (283-620) (1300-285) (1306-735)
Beds
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Bedrooms Total:130
Baths
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Full Baths:48
The Listing
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Current Price:$1,800,000
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Special Listing Conditions:None
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Buyer Brokerage Compensation Type - DONT SHOWItem1
Heating & Cooling
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Heating:Central
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Heating:Yes
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Cooling:Central Air
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Pool Features:None
Parking
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Parking Features:Off Street, Parking Lot, Three or more Spaces
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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5/9/24
May 9, 2024
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Sold | GSREIN | $1,800,000 | -18.2% |
|
2/28/24
Feb 28, 2024
|
Sold Subject To Contingencies | GSREIN | $2,200,000 | |
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1/29/24
Jan 29, 2024
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Price Changed | GSREIN | $2,200,000 | -8.3% |
