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View of home's community featuring a patio, a balcony, and a landscaped courtyard.
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Sprawling backyard greenspace of the community.
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View of green lawn featuring a patio and a balcony with courtyard.
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View of balcony
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View of side of property featuring brick siding, alley access for additional backyard parking and a lawn.
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Front of property with brick siding and private in front parking.
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View of property exterior with brick siding.
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View of side of apartment with brick siding, a lawn, and a wooden deck with handicap accessible wheelchair ramp.
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View of side of property featuring brick siding
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Custom wrought iron railings feature coin laundry facilities both upstairs and down.
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Cozy private courtyard view, stairs, a wooden deck, and brick facade.
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View of balcony
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View of balcony
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Exterior view of brick siding.
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Living area with a textured ceiling, dark wood-type luxury vinyl flooring, and a wall unit AC
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Kitchen featuring light countertops, freestanding refrigerator, a textured ceiling, dark luxury vinyl flooring, and gray cabinetry
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Living room with a textured ceiling and luxury vinyl wood finished floors
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Kitchen featuring light countertops, white cabinets, freestanding refrigerator, a textured ceiling, and dark luxury vinyl floors
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Full bath with a shower with shower curtain, a textured ceiling, and vanity
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Kitchen view of a sink and light laminate countertops
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View of wooden deck with custom wrought iron railings.
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Exceptional investment opportunity featuring a well-maintained, 16-unit, all-brick apartment complex comprised of two-bedroom apartments, thoughtfully designed for residents (62 years of age and older). The community is centered around a serene courtyard with beautifully maintained landscaping, creating a welcoming and peaceful environment. This property operates under a multi-year Housing Assistance Payment (HAP) contract through the U.S. Department of Housing and Urban Development, making it eligible for automatic annual OCAF rent increases—providing stable, predictable income. The complex maintains near full occupancy, with 15 of 16 units leased to long-standing residents, supporting strong and dependable cash flow. Residents enjoy clean, functional living with coin-operated laundry facilities on both the upper and lower levels. The complex offers handicap-accessible features and is conveniently located near local amenities, including coffee shops, restaurants, clinics, and retail, providing excellent walkability and everyday convenience for residents.
- Directions
- South on highway 79, west on south Carolina street, and turn south on south 5th street. The apartment complex is located on the corner of south Carolina street and south 5th street.
- Subdivision
- Other
- City
- Louisiana
- County
- Pike
- Property Type
- Residential Income / Apartment
- Listing Updated
- Jan 02, 2026 at 4:01pm
- MLS Number
- 2594641
- Property Tax
- $5,661
- Zoning
- $other
- Home Owners Association
- No
- Disclaimer
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