205 Guillot RdYoungsville, LA 70592

Property Details for 205 Guillot Rd

Year built

1982

Lot size

0.73 AC

Property size (Sq ft)

14,388 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

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

Location Insight

City

Youngsville

County

Lafayette Parish

State

Louisiana

Latitude

30.0925

Longitude

-91.9906

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