111 Chester Street

Multi-Family for Sale
Catylist Listing ID: 30505817
Number of Units: 14 Units
Building Size (RSF): 14,000 SF
Gross Building Area: See Agent
Sale Price: $545,000
Unit Price: $38,928.57 Per Unit
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/6/2020

Overview / Comments

Investor Package of 14 single family homes located in various areas of Lafayette but all in close proximity to each other. Current annual gross income of $104,220. These properties are currently 100% occupied with several long term tenants. 14% cap rate at current occupancies! Opportunity to quickly expand your current rental portfolio or start your real estate investment career with income producing properties. Property addresses are as follows, 111, 114 , 206 Chester, 214, 224, 228 N Pine, 220 Clifford, 817 12th Street, 101 Dolese, 303, 321 Sonny, 127 Ambroise, 203 Ile De Copales, 231 Dear St. Please do not disturb tenants. Income and expense sheet can be provided upon request. No property walk thrus or inspections until approved offer and bank letter received. See attached in documents options of division of properties that are available

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: D
Tax ID/APN: 6067328
Percent Occupied: 100%
Area Description: Please refer to individual addresses for locations. All properties located within close proximity to each other in Lafayette.
Roof Type: Other
Parking Ratio: 28 (per 1000 SF)
Heat Type: Electricity
Heat Source: Central, Wall Units
Air Conditioning: Engineered System, Window Unit
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Various Legal Addresses

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,479 58,196 120,034
Median Age: 33.23 33.16 34.23
Households: 3,853 22,494 48,228


The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.