MULTIFAMILY OPPORTUNITY

Multi-Family for Sale
Catylist Listing ID: 30824574
Property Subtypes: Duplex/Fourplex
Number of Units: 12 Units
Building Size (RSF): 9,772 SF
Gross Building Area: See Agent
Sale Price: $1,250,000
Unit Price: $104,166.67 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Average Occupancy Rate: 100
Last Updated: 11/29/2022

Overview / Comments

Great Location on these 4 multi-family properties. 100% Leased and priced at a 7.25% CAP Rate. $90,000 Net Annual Income
605 Coolidge St. - 3bed/2bath 1,350sf - House
609 Coolidge St. - 3bed/2.5bath 1,412sf - House
609 Coolidge St - (4) Studio 1 Bed/1bath 500sf - Units
117 Juliette Place - (2) 2bed/1bath 825sf - Apartments
119 Juliette Pace - (4) 2bed/1bath 840sf - Apartments
PLEASE DO NOT DISTURB THE TENANTS.

Attachments & Media

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: G2
Tax ID/APN: 6053633
Percent Occupied: 100%
Property Located Between: Coolidge & St. Mary
Airports: LFT
Total Number of Buildings: 4
Property Condition: Good
Number of Stories: 2
Roof Type: Gable
Parking Type: Surface
Sprinklers: None
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,221 72,501 141,617
Median Age: 29.02 34.93 34.72
Households: 3,653 29,784 57,733

Contact

Photograph of Listing Agent

Chad D Trahan

Coldwell Banker Trahan Real Estate Group Lafayette, LA 70508
LACDB Member
Photograph of Listing Agent

Todd Trahan

Coldwell Banker Trahan Real Estate Group Lafayette, LA 70508
LACDB Member
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