Description
Investment Opportunity in the heart of Lafayette, fully occupied and generating steady rental income. This well-maintained property has a strong rental history and potential for future growth. A turn-key investment that is perfect for investors seeking stable asset in a thriving market. 10 total units: (6) 1-bed, 1-bath & (4) 2-bed, 1-bath. Income: +/- $91K annuallyExpenses: +/- $21K annuallyNet Operating Income (NOI): +/- $71K annually.Recently updated interiors & exteriors, ensuring low-maintenance ownership, strong, consistent rental historyIdeal for investors seeking a stable asset with long-term potential in a vibrant community.
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0BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
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8,000SQFT
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$150$/SQFT
School Ratings & Info
Description
Investment Opportunity in the heart of Lafayette, fully occupied and generating steady rental income. This well-maintained property has a strong rental history and potential for future growth. A turn-key investment that is perfect for investors seeking stable asset in a thriving market. 10 total units: (6) 1-bed, 1-bath & (4) 2-bed, 1-bath. Income: +/- $91K annuallyExpenses: +/- $21K annuallyNet Operating Income (NOI): +/- $71K annually.Recently updated interiors & exteriors, ensuring low-maintenance ownership, strong, consistent rental historyIdeal for investors seeking a stable asset with long-term potential in a vibrant community.
Licensed by the State of Louisiana, USA.
Parish Realty Acadiana || (337) 735-1223 || Lafayette, LA
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2025-03-26T17:10:58.49.