Fully Occupied Apartment Complex
Multi-Family
for Sale
Sale Pending
| Catylist Listing ID: |
30802030 |
| Property Subtypes: |
Duplex/Fourplex, Other
|
| Status: |
Pending |
| Number of Units: |
8 Units |
| Building Size (RSF): |
6,284 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$495,000 |
| Unit Price: |
$61,875 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/5/2022 |
Overview / Comments
|
Investment Opportunity! 8-Unit Fully Occupied Apartment Complex situated corner lot near a high traffic intersection in New Iberia! Each unit contains 2 bedrooms, 1 bathroom, living room, and kitchen. All units have been updated with new floors, countertops, receptacle, light switches, light fixtures, and much more! Each unit has also had the popcorn ceilings removed, as well as wall imperfections. The second-floor concrete balcony was also re-built, and new Durock cement board was added around the side & rear windows. Over $150,000 of improvements have been made to the complex since 2011. Contact agent for full details!
|
Additional Details
| Nearest MSA: |
Lafayette |
| County: |
Iberia |
| Taxing Authority: |
Iberia Parish |
| Tax ID/APN: |
0503552490 |
| Zoning: |
C1 |
| Percent Occupied: |
100% |
| Property Located Between: |
Center Street, New Iberia |
| Highway Access: |
Hwy 90, New Iberia
Hwy 182, New Iberia |
| Airports: |
New Iberia Regional Airport | Lafayette Regional Airport |
| Total Number of Buildings: |
1 |
| Property Condition: |
Excellent |
| Number of Stories: |
2 |
| Roof Type: |
Arched |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Total Parking Spaces: |
16 |
| Laundry: |
Laundromat Nearby |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Fuel: |
Gas |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Owner |
| Legal Description: |
1- 127 X 119/121 ITEM 2 PERSHING ST, VALENTI, CENTER ST, LEMAIRE IMP |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
15,220 |
38,616 |
48,297 |
| Median Age: |
36.16 |
36.04 |
35.65 |
| Households: |
6,067 |
14,594 |
17,829 |
|
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