218 St Peter St | New Iberia, LA 70560
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- LoopNet Team
218 St Peter St
New Iberia, LA 70560
22-Unit Multi-Family · Multifamily Property For Sale
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22 Units
Investment Highlights
- 22-Units | Recent Capital Expenditures | Well Below Market Rent
- Landlord Paid Utilities | Full Service Utility Structure
- Located in New Iberia, LA | Zoned C-2 | Centralized Location
- Asset with Solid Construction | Long Term Hold Potential
Executive Summary
• Landlord is responsible for electric and gas • Landlord currently pays for water, sewer and trash • Utility expenses are not passed through to tenants, limiting RUBS or cost recovery opportunities
Property Facts
| No. Units | 22 | Building Size | 10,544 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1950 |
| Apartment Style | Low-Rise | Parking Ratio | 1.9/1,000 SF |
| Building Class | C | APN / Parcel ID | 0504571000 |
| Lot Size | 0.49 AC | ||
| Zoning | C2 - C2 Commercial Zoning | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 10,544 SF |
| No. Stories | 3 |
| Year Built | 1950 |
| Parking Ratio | 1.9/1,000 SF |
| APN / Parcel ID | 0504571000 |
| Zoning | C2 - C2 Commercial Zoning |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
Site Amenities
- 24 Hour Access
- Security System
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
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