13 Unit Portfolio

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30754760
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 13 Units
Building Size (RSF): 1,964 SF
Gross Building Area: See Agent
Sale Price: $860,000
Unit Price: $66,153.85 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/13/2021

Overview / Comments

LPMG has been retained as the exclusive broker and is pleased to present this portfolio of real estate in Lafayette, LA. This is a rare opportunity in a rental market with high occupancy rates and increasing rents. The portfolio contains 7 properties total – 5 detached single-family homes and 2 four-plexes; 100% occupied and all in the City of Lafayette.

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: G3
Taxing Authority: Lafayette Parish
Tax ID/APN: 6055991
Percent Occupied: 100%
Highway Access: I-49, I-10, US Hwy 90, US Hwy 167
Airports: Lafayette Regional Airport
Total Number of Buildings: 7
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,666 37,980 105,206
Median Age: 34.67 34.53 33.47
Households: 1,895 14,690 41,582

Contact

Photograph of Listing Agent

Beau C Bourque

LPMG, LLC Lafayette, LA 70503
LACDB Member
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