Active
24-Unit Apartment Complex w/ Additional Land
111-131 Teresa Drive Saint Martinville, LA 70582
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Overview
24 Unit Apartment Complex For Sale
- Twelve (12) 2 Bedroom, 1 Bath units @ 840 SF each
- Twelve (12) 1 Bedroom, 1 Bath units @ 720 SF each
- Approximately 0.86 additional acres included could be used for additional apartments
- Has laundry facility on site
- NOI is $125,000.00, (7% CAP)
- Stays fully leased
- Flood Zone "X' - no flood
- Also available, 136-Unit Mini-Storage Facility
Attachments
For Sale
Multifamily
Secondary Uses: Low Rise
- Sale Price
- $1,785,700
- Price Per SF
- $82.4/SF
- Building Size
- 21,684 SF
- Acres
- 2.043 ac
- Number of Buildings
- 3
- Floors
- 2
- Year Built
- 2000
- Roof Type
- Arched
- Construction Siding
- Brick
- Construction Type
- Masonry
- Parking Type
- Surface
- Parking Spaces
- 30
- Tenancy
- Multiple Tenants
- Nearest MSA
- Lafayette
- Property Status
- Existing
- Total Units
- 24
- Laundry
- Shared
- County
- St. Martin Parish
- Created
- 2022-07-19
- Updated
- 2025-06-27
- Listing ID
- 33143a60
- Parcel APN
- 15801B2331