356 Invader St

Positioned in Sulphur’s industrial corridor, Sulphur Suites represents a rare opportunity to acquire a stabilized, income-generating asset with immediate cash flow and significant upside potential. Designed to meet the housing needs of regional plant workers, contractors, and traveling professionals, this 16-unit property blends multifamily consistency with the profitability of an extended-stay model.

Highlights

• 16 furnished one-bedroom, one-bath units | 11,562± SF
• 90%+ average occupancy
• Current NOI: $233,900
• Appraised Value (Feb 2025): $2,420,000
• Recent capital improvements

WHY INVEST HERE

• Steady Tenant Base: High demand from local contractors and professionals.
• Flexible Rental Model: Weekly and monthly options maximize occupancy.
• Immediate Cash Flow: Strong returns day one, 10+% CAP.
• Turnkey Asset: Fully furnished, managed, and revenue-producing.

PROPERTY OVERVIEW

• Land Area: 38,679 SF | Zoning: Residential
• Construction: Class C, two-story brick & vinyl
• Condition: Good | Effective Age: 10 years
• Parking: 32 spaces | Flood Zone: AE

MARKET OVERVIEW

Sulphur, Louisiana anchors the Gulf Coast’s industrial employment belt—home to refineries, LNG terminals, and petrochemical plants that sustain consistent lodging demand. Workforce housing remains undersupplied, with few furnished options catering to contractors. Sulphur Suites capitalizes on this demand with flexible lease terms and proven occupancy. Onsite Laundromat and storage unit included, but not operational at this time, but presents an opportunity for additional income.