For Sale
$1,600,000

205 Guillot Rd Youngsville, LA 70592

High-Yield Multifamily Investment

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a 28-unit multifamily portfolio in Youngsville, Louisiana. Comprising eight buildings (two duplexes and six fourplexes) situated on a 0.73-acre lot, this Class C property boasts 14,388 square feet of net rentable space and 35 parking spaces. Built in 1982 with regular improvements, the portfolio enjoys 100% occupancy, generating a strong NOI of $151,854 and a 9.49% cap rate. All units feature newer roofs and exterior finishes of vinyl, hardiplank, or brick. One fourplex has a garage currently used for storage

Highlights

  • Below-market rents offer significant upside potential.
  • Exceptional tenant retention demonstrates strong property management.
  • All units feature roofs replaced within the last seven years.

Property Details for 205 Guillot Rd

Property type
Residential income homes
Square Feet
14,388 SF
Class
C
Year Built
1982
Buildings
8
Stories
2
Lot Size (sq. ft)
31,799 SF
Units
28

Location Insight

City
Youngsville
County
Lafayette Parish
State
Louisiana
Latitude
30.092461511213
Longitude
-91.990554478001

FAQs

What type of property is this?
Residential income home - High-Yield Multifamily Investment
Where is the residential income home located?
The property is located at 205 Guillot Rd Youngsville, LA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Below-market rents offer significant upside potential.; Exceptional tenant retention demonstrates strong property management.; All units feature roofs replaced within the last seven years.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
205 Guillot Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message