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. Seven of the units are currently occupied. 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
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.
