$1,200,000

105 Meaux Boulevard, Lafayette, LA 70506

  • 14 baths |
  • 8,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $150/sqft
  • Property List Date Icon Listed 2 months ago

Property 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.

Listing Status:
Pending
Listing Office:
Scout Real Estate Co. : 337-443-0880
Listing Agent:
Jeff Landry : 337-257-5380
MLS ID:
25001816

This listing courtesy of Jeff Landry, Scout Real Estate Co.

Location

Schools Nearby

W

Woodvale Elementary School

100 Leon Dr, Lafayette, LA, 70503

Grades PK-4

0.76 miles away

L

L.J. Alleman Middle School

600 Roselawn Blvd, Lafayette, LA, 70503

Grades 5-8

1.07 miles away

E

Early College Academy

320 Devalcourt St, Lafayette, LA, 70506

Grades 9-12

1.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.