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$839,900
-- Bed
- -- Bath
--sqft
115 W Foch St, Lafayette, LA 70501
$839,900
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Multi Family
Built in -
$-- HOA
11,089.1 sqft lot
--/sqft
Description
12 Plex Rental Investment property located near Downtown Lafayette. Currently rented to one organization who is paying a total of $10,020 per month and $120, 240 yearly. The organization subleases the units, collects all rents, and makes one monthly payment to the property owner. Unit makeup - (10) 2 Bedroom 1 Bath Units and (2) 1 Bedroom 1 Bath Units. Market value, if rented individually, are $850 per 2 bedroom unit and $800 per 1 bedroom unit. 11% CAP Rate makes this property a very nice income earner with strong profit margins. The owner is in the process of putting a new roof on the property which will make this property, very low maintenance. Full financials av...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
11,089.1 sqft lot
Basement Area
- sqft
MLS Name
REALTOR® Association of Acadiana (Lafayette) MLS
MLS Number
2500005662
MLS Status
Pending
Days on Market
17
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