406 & 408 Voorhies St - Apartments FOR SALE


Lafayette, LA 70501- Central Lafayette Parish
$420,000 USD
800-895-9329
406 & 408 Voorhies St, Lafayette, LA for Sale
$420,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

406 & 408 Voorhies St
Lafayette, LA 70501
Central Lafayette Parish


OVERVIEW

Now for sale, 406 and 408 Voorhies St is a 6-unit multifamily property located in the heart of downtown Lafayette, near the UL campus. Currently, all 6 of the units are occupied, providing immediate rental income as well as potential to increase the other rental rates. The roof was replaced in 2023, and three of the six units were also remodeled that same year, creating a well-maintained investment opportunity. Residents enjoy proximity to a variety of amenities, including Steven’s Fine Food & Seafood Market, Coffeeweed Cottage, Brown Skillet Downtown, the Lafayette Public Library, the Lafayette Science Museum, and the Children’s Museum of Acadiana

FOR SALE DETAILS

PRICE

$420,000 USD

PRICE/SF

$79 USD /SF

# OF UNITS

6

PRICE/UNIT

$70,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,186 SF

ZONING

-

APN/PARCEL ID

6063904

ASK ABOUT THIS PROPERTY

Mark JohnsElifin RealtyMore Info
800-895-9329

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Mark JohnsElifin RealtyMore Info
800-895-9329

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.