507 Stevenson , Lafayette, LA 70501 | Lafayette Home For Sale and Real Estate

Customer Care
Can We Help You?
Request Info
Request Showing

More about 507 Stevenson , Lafayette, LA 70501

This is an opportunity to own a multi-family investment 2 blocks away from the second largest University in the state of Louisiana. University of Louisiana at Lafayette has an enrollment of 17,500 students and is growing every year. This property is one of the few multi-family buildings within 2 blocks of the University. All the work has been done for a buy and hold investor. All units have new roofs, paint, flooring, and fixtures to name a few. The properties are setup to be low maintenance for many years to come. Students are always looking for affordable housing close to campus. Most vacancies get filled within a week. The numbers break down like this: $32,400- $8,330= $24,070 net. $24,070/$270,000= 8.9% Cap Rate. Solid investment overall between location, desirability,

Get an immediate call back from 9am-8pm or call us at 1-866-794-1022
Property Details
Area No
Property Type
Approx Age
51 - 75 Years
Gas, Space Heater
Window Units
2 Story
Surrounding Properties
Property Map
Trends for ZipCode 70501

Courtesy Of the Realtor Association of Acadiana.

MLS Data Courtesy of Gulf South Real Estate Information Network. Copyright 2016, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. Neither the New Orleans Metropolitan Association of REALTORS®, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site. By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, you may not use this site in any way. Your continued use of this site, and/or its affiliate' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.

Retargetting pixel