24-Unit Apartment Complex w/ Additional Land

For Sale

111, 121, 131 Teresa Dr., Saint Martinville, LA 70582

This Saint Martinville property for sale is located at 111, 121, 131 Teresa Dr.. The current listed sale price for 24-Unit Apartment Complex w/ Additional Land is $1,785,700. 24-Unit Apartment Complex w/ Additional Land is situated on a lot that is 1.73 acre in size.

Contacts

broker
Mike Stinson, CCIM

Saurage Rotenberg Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 21,684 SF
  • Units 24
  • Lot Size 1.73 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Nov 14, 2024
Northeast side of Teresa Drive, St. Martinville, St. Martin Parish, Louisiana24 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
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Highlights

  • 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

Getting around

  • 42/100

    Walk Score ®

  • 39/100

    Bike Score ®

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Location

  • City Saint Martinville, LA
  • Neighborhood St. Martinville
  • Zip Code 70582
  • Market Lafayette Lake Charles

Points of Interest

  • Chevron

    0.62 miles

  • Texaco

    1.09 miles

  • Exxon

    1.21 miles

  • Valero

    1.85 miles

  • Murphy USA

    7.25 miles

  • Shell

    7.42 miles

  • Lake Martin Visitor Center Parking

    6.21 miles

  • Lake Martin North Car Park

    8.11 miles

  • Bayou Landing

    9.91 miles

  • Hampton Inn Broussard-Lafayette Area

    7.42 miles

  • Heritage Inn and Suites

    7.99 miles

  • Live Oak Inn

    8.36 miles

  • The Bayou Chateau

    9.45 miles

  • Chateau Royale

    9.45 miles

  • St. Peter House

    9.51 miles

  • Le Rosier Country Inn

    9.61 miles

  • Estorge-Norton House Bed & Breakfast

    9.70 miles

  • Walmart Supercenter

    7.24 miles

  • Albertsons

    7.55 miles

  • M&A Safety Services

    9.24 miles

  • BI-LO

    9.78 miles

  • Fremin's

    9.82 miles

  • Walmart Neighborhood Market

    9.91 miles

In-Depth Research Available for this Property

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Contact Listing Broker
broker
Mike Stinson, CCIM

Saurage Rotenberg Commercial Real Estate