Commons at McNeese



4510 Common Street, Lake Charles, LA 70607

Asset Class

Year Built

1972/ 2021



Investment Sale


The Commons @ McNeese apartment complex in Lake Charles, Louisiana, is strategically situated in a city that has garnered national attention over the last five years as one of the fastest-growing Metropolitan Statistical Areas (MSA) in the country.

Lake Charles owes its rapid growth primarily to a booming industrial sector, particularly in the petrochemical industry, boasting 16 chemical plants, two refineries, an LNG export facility, and three industrial gas processing plants, employing 7,500 direct workers and approximately 3,800 contract workers. Apart from its industrial prowess, Lake Charles is a prominent player in the gaming industry, hosting three major casinos and the Delta Downs racetrack, witnessing a remarkable 29% increase in employment since 2014. Notably, the city serves as a crucial gambling hub, drawing participants from the Houston Metroplex. The aircraft repair industry also contributes significantly to Lake Charles' economic landscape, with key employers like Northrop Grumman, Landlock Aviation, and Citadel Completions leaving a lasting impact. The Lake Charles Harbor and Terminal District, covering 203 square miles in Calcasieu Parish, solidify the city's economic foundation by accommodating 5 million tons of cargo annually. As the 11th largest seaport in the United States, the Port of Lake Charles plays a pivotal role in trade and commerce. Furthermore, with McNeese State University, a four-year institution with over 8,100 students, situated in Lake Charles, Commons @ McNeese offers a convenient living space within walking distance of campus and directly across from Cowboy Stadium, McNeese State's home football stadium, providing residents with an optimal blend of educational proximity and recreational amenities.


Stirling Investment Advisors
Chad Rigby
Phone: (225) 329-0265