314 Deare Street

Multi-Family for Sale
Catylist Listing ID: 30164672
Property Subtypes: Low-Rise/Garden
Number of Units: 12 Units
Building Size (RSF): 6,504 SF
Gross Land Area: 0.52 Acres
Sale Price: $374,900
Unit Price: $31,241.67 Per Unit
Property Use Type: Investment
Building Name: Our Lady of Fatima Apartments
Usable Size (USF): 6,504 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 80
Last Updated: 3/22/2018

Overview / Comments

12 unit apartment complex with 24 parking spaces. Income producing. Wash room that could accommodate coin operated water and dryer units for more income. Listed at appraisal (Feb 2017)

Additional Details

Nearest MSA: Lafayette
County: Iberia
Taxing Authority: Iberia Parish
Tax ID/APN: 0503471000
Zoning: C-4
Percent Occupied: 80%
Highway Access: Hwy 90 to Hwy 14 (Center St) into New Iberia, to St. Peter right, to Deare St. right, apartment complex on Right.
Site Description: 12 units, all one bedroom units
Total Number of Buildings: 1
Property Condition: Average
Parking Type: Surface
Parking Description: two spaces per unit
Total Parking Spaces: 24
Air Conditioning: Window Unit
Interior Description: Open format for kitchen living area with bedroom bath area private.
Zoning Description: C-4
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Mercedes Cr, Hughes, Deare St, Lot 14 Being Lots 15 & 16, Twin Circle Sub

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,936 34,252 43,260
Median Age: 37.02 36.22 36.06
Households: 2,747 13,154 16,222


Photograph of Listing Agent

John Wagnon

Dream Home Realty Lafayette, LA 70503
LACDB Member
© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.