Remarks
Investment Opportunity in the heart of Lafayette, fully occupied and generating steady rental income. This well-maintained property has a strong rental history and potential for future growth. A turn-key investment that is perfect for investors seeking stable asset in a thriving market. 10 total units: (6) 1-bed, 1-bath & (4) 2-bed, 1-bath. Income: +/- $91K annually Expenses: +/- $21K annually Net Operating Income (NOI): +/- $71K annually. Recently updated interiors & exteriors, ensuring low-maintenance ownership, strong, consistent rental history Ideal for investors seeking a stable asset with long-term potential in a vibrant community.
Details
- Listing ID:
- 25001816
- Parish
- Lafayette
- Area
- G3
- Subdivision
- None
- Financing
- Cash, Conventional
- Assessment
- 6050576
- Legal Desc
- N W 60.87 FT OF LOT 3 MEAUX SUB (60.87X177.5)
- Bathrooms:
- 14
- Parking:
- Parking Lot
Interior
- Cooling
- Central Air
- Heating
- Central
Exterior
- Construction
- Brick
- Electricity
- Circuit Breakers
- Price Includes
- Real Estate
- Lot Size Area
- 0.25 ac
- Roof
- Composition
Location
- Directions
- From Johnston St, turn right onto Meaux Blvd. The property will be on your left.
- Parish
- Lafayette
- Sub Type:
- Commercial
- Zoning:
- CH