Historical Multifamily Sale Listing - 201 Duval Street

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201 Duval Street

201 Duval Street, Lafayette, LA 70501

N/A

16 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
16
Building Size:
14,000 SF
Property Type:
Multifamily
Property Sub-type:
Government Subsidized
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
10%
Occupancy:
99%
Lot Size:
0.54 AC
Listing ID
16231296
Last Updated
over 1 year ago

Description

16 Unit Apartment Complex in the heart of Lafayette. Currently rents for $7,400. Has some tenants that receive Section 8 Housing subsidy. Sits on 0.54 acre lot. Agent owner has the right of first refusal to another 0.5 acre property adjacent to the complex where another 2 eight plexes can be built. Ideal for a developer investor who is looking for long term growth.

Walking distance to downtown Lafayette

Map of 201 Duval Street, Lafayette, LA 70501 (Lafayette County)

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