Remarks
For Sale is a 12 Unit Apartment complex located in close proximity to I-10 in a high demand rental area. The property sits on .838 acres and consists of 6-1 bedroom and 6-2 bedroom apartments. Rents range from $525-$675 per month. There is also a 2 bd-1ba home at the front of the property that rents for $350 per month and a 600 square foot warehouse at the rear that serves for storage for maintenance and lawn supplies. Nine of the units are currently occupied currently generating $5,780 per month . The units are individually metered for water, sewer and electricity. Owner pays trash. This is a significant Value-add opportunity.
Details
- Listing ID:
- 24005351
- Parish
- Lafayette
- Area
- D
- Subdivision
- Mills Addition
- Financing
- Cash, Conventional
- Assessment
- 6068886
- Legal Desc
- SEC 13 T9S R4E
- Parking:
- Open Parking Spaces: 20
Interior
- Cooling
- Central Air
- Heating
- Central
- Lot Dimensions
- 108x344
Exterior
- Construction
- Wood, Block, Brick
- Lot Size Area
- 0.84 ac
- Lot Description
- Level
- Roof
- Composition
![Image Description]()
Location
- Directions
- From the Evangeline Thruway, go west on Willow Street, Take Right on St. Antoine and then a Left on Martin Luther King. The property is down on the Right.
- Parish
- Lafayette
