Pecan Creek Apartments is a 24-unit, garden-style apartment community located at 6970 LA-1, Mansura, LA. Ideally positioned directly across from the Paragon Casino Resort and Tamahka Trails Golf Club, the property offers residents unmatched access to the area’s premier entertainment and recreational amenities. As the only market-rate multifamily property of its size in the area, Pecan Creek presents a unique opportunity in a market with limited competition and strong rental demand. Built in 1995 and 1998, Pecan Creek features a desirable unit mix designed to appeal to a broad tenant base, consisting of one-bedroom and two-bedroom units with sizes ranging from 690 to 955 square feet. The average unit size of 852 square feet provides spacious layouts that outperform typical market offerings. Each unit includes washer & dryer connections. All units are individually metered for electricity, while water and sewer are master-metered and currently included in rent. The roofs were replaced in 2017, limiting immediate capital needs, and the property’s location in Flood Zone X eliminates flood insurance requirements, boosting operational margins. With its desirable location, diverse unit mix, low competition, and clear value-add potential, Pecan Creek Apartments represents a compelling opportunity for investors seeking a stable asset with upside through rent growth and long-term appreciation. The property’s manageable size and strategic positioning make it well-suited for any Investor.
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