1. Louisiana
2. Opelousas
3. 321 S Academy Street

321 S Academy Street, Opelousas, LA 70570

• 8 beds |
• 4 baths |
• 5,000 sqft

Property Description

Presenting a fantastic investment opportunity in a prime location! This 5-unit apartment complex is conveniently situated near I-49, within walking distance to stores and restaurants, making it an appealing choice for tenants seeking convenience and accessibility.Currently, the units are being rented below market value, presenting a golden opportunity for increased monthly yields. With a bit of strategic management, you can maximize profits and enhance the overall value of this property. This potential for growth is a significant advantage for savvy investors.The complex is located on a corner lot, providing not only visibility but also ample space for expansion. There's room to add additional units, further increasing your investment potential. Imagine the possibilities of developing more rental spaces to cater to the growing demand in the area!This apartment complex is not just a property; it's a stepping stone to greater financial growth. With its strategic location, under-market rentals, and expansion possibilities, this investment opportunity is one you won't want to miss!

Listing Status:

Active

Listing Office:

RE/MAX Excellence : 337-678-3663

Listing Agent:

Toni L Effingger : 337-793-5738

MLS ID:

2020023979

Interior

• General: Unit 2(Master Bedroom)
• Appliances: Electric RangeRefrigeratorElectric Cooktop
• Flooring: Tile
• A/C: Window Unit(s)AC Unit(s)
• Heating: OtherHeat Unit(s)

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Toni L Effingger, RE/MAX Excellence