ID 309a02c8
1230 Old Robeline Rd
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

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
- 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
