For Sale
$499,000

2719 Cameron St Lafayette, LA 70506

Six-unit apartment building, 100% occupied.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional multifamily investment property, located at 2719 Cameron St, Lafayette, LA 70506, presents a compelling opportunity for owner-users or investors. The property consists of two buildings totaling 3,000 square feet, situated on a single lot. One building features five one-bedroom apartments, with one unit recently updated. The second building, renovated last year, offers a spacious four-bedroom, two-bathroom unit with a den and dining room. Currently boasting 100% occupancy since November 1st, 2023, the property generates a substantial monthly income of $5,275. Ten parking spaces are available for residents. Individual electric meters ensure efficient utility management for each unit. The owner covers sewer, water, and trash services. The roof on the five-unit building was replaced in 2020. The property is offered at $499,000, representing a price per unit of $89,166.67. This is a cash-flowing investment with significant potential for future growth. The property's APN is 6067779. This is a ground lease-free property.

Highlights

  • Exceptional multifamily investment opportunity in Lafayette, LA.
  • Two buildings totaling 3,000 square feet on a single lot.
  • Nine rental units: five one-bedroom apartments (one recently updated) and one four-bedroom, two-bathroom unit (renovated last year).
  • 100% occupancy since November 1, 2023, generating $5,275 monthly income.
  • Ten parking spaces and individual electric meters.
  • Owner pays water, sewer, and trash; roof on five-unit building replaced in 2020.

Property Details for 2719 Cameron St

Property type
Apartment buildings
Square Feet
3,000 SF
Buildings
2
Stories
1
Units
6

Location Insight

City
Lafayette
County
Lafayette Parish
State
Louisiana
Latitude
30.2321254
Longitude
-92.0477381

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FAQs

What type of property is this?
Apartment building - Six-unit apartment building, 100% occupied.
Where is the apartment building located?
The property is located at 2719 Cameron St Lafayette, LA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Exceptional multifamily investment opportunity in Lafayette, LA.; Two buildings totaling 3,000 square feet on a single lot.; Nine rental units: five one-bedroom apartments (one recently updated) and one four-bedroom, two-bathroom unit (renovated last year).
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?
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Contacts

Walter Campbell
Walter Campbell
Visit Broker Website

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Cameron St
Lafayette, LA 70506

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Cameron St
Lafayette, LA 70506

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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2719 Cameron St
  • Walter Campbell
    Walter Campbell
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