Active
Sale
Multifamily

1230 Old Robeline Rd

1230 Old Robeline Rd, Natchitoches, LA 71457

For Sale

$1,900,000

$71.47/SF$44,186.05/Unit

Total Units
43
Building Size
26,584 SF
Lot Size
2.7896 ac
Parish
Natchitoches
Days on Market
109
Listed
06/15/2026
Updated
06/16/2026
1230 Old Robeline Rd
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Overview

1230 Old Robeline Road is a partially renovated 43-unit multifamily redevelopment opportunity located near Northwestern State University in Natchitoches, Louisiana. The asset offers investors the ability to acquire an in-process renovation at an attractive basis and complete the remaining renovation program through targeted capital investment, lease-up, and professional management.

  • CAPITAL ALREADY IN - Approximately $725K+ reportedly invested to date inroofs, exteriors, fencing, windows, wiring and unitfinishes (unverified).
  • EARLY RENTAL TRACTION - Five renovated 2BR units reportedly leased between$1,000 and $1,125 per month, evidencing earlyrenovation pricing power.
  • CLEAR COMPLETION PATH - 37 units remain gutted or incomplete — defined scope of interior buildouts, MEP,kitchens, baths and finishes for a new owner to execute based on its preferred scope,finish level and lease-up strategy.

CAPITAL INVESTED TO DATE -Approximately $725K+ reportedly invested across the following scope:

 New roofs  Exterior repairs & paint Fencing & gates  Tree & brush removal Driveway / common-area repairs  Exterior doors Energy-efficient windows  Partial electrical rewiring Appliances, fixtures, materials  Five renovated units completed

See offering overview for remaining scope

Attachments

Additional Information

City
Natchitoches
State
LA
Zip Code
71457
Zoning
R-2
Zoning Desc.
Residence District Multiple Family
Sale Terms
Cash to Seller
Building Class
C
Floors
2
Year Built
1970
Year Renovated
2025
Construction Siding
Brick/Vinyl Siding
Parking Type
Surface
Rentable SF
26,584
Tenancy
Multi-Tenant
Nearest MSA
Natchitoches, LA
Property Use Type
Investment
Property Status
Under Renovation
Avg. Occupancy
11.6%
Total Units
43
Laundry
Shared
Parcel APN
0011403425
Listing ID
309a02c8

Parcel & Location