108-124 S Jefferson Street

Welcome to the Villas at Jefferson! We are delighted to present our brand-new townhouse community For Sale. This 100% OCCUPIED investment property was built in 2023 and is comprised of 9 immaculate units, all listed for sale as a package deal for a total of $1,296,000. This property represents a prime investment option, as it offers a turnkey operation with a full roster of tenants already in place. The annual gross rental income totals $111,000. Each unit features a thoughtfully designed one-bedroom, one-bathroom layout, with all brand-new systems (hvac, plumbing, electrical, roof, appliances, finishes, etc). Each unit has 2 assigned parking spaces (18 total spaces). Tenants pay all utilities (electricity, water, sewer, trash, and cable/internet). Owner pays for lawn care ($3,700 annually), insurance ($13,523.56 annually), and property taxes (amount tbd). Flood zone X, no flood insurance required. If you are seeking a brand new low-maintenance townhouse development investment with exquisite finishes, The Villas at Jefferson are the perfect choice. Don't miss out on this opportunity, call for more info today! Tenants pay all utilities (electricity, water, sewer, trash, and cable/internet). Owner pays for lawn care ($3,700 annually), insurance ($13,523.56 annually), and property taxes (amount tbd). Flood zone X, no flood insurance required. If you are seeking a brand new low-maintenance townhouse development investment with exquisite finishes, The Villas at Jefferson are the perfect choice. Don't miss out on this opportunity, call for more info today!

Listing ID:

23010016

Parish

Lafayette

Area

O

Subdivision

None

Financing

1031 Exchange, Cash, Conventional, Private Banking, Owner Will Carry

Assessment

6172990

Legal Desc

LOT 2A SEC 28 T10S R5E (0.3439 AC)(2022-10987 PLAT)

Parking:

Open Parking Spaces: 18, Assigned, Parking Lot

Cooling

Central Air

Heating

Central

Lot Dimensions

See assessor

Construction

Stucco, Frame

Roof

Composition, Metal