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. 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 $113,820. 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 cover all utilities themselves (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