319 Lafayette St, Lafayette, LA 70501

Excellent opportunity to own a fully occupied income-producing multi-family property with strong cash flow and reliable tenants already in place. This property consists of two separate apartment buildings with a total of five rental units, providing immediate income and an attractive annual return. Property Breakdown: Apartment #1 (Front Building) • Unit 1: 3 Bedroom, 2 Bathroom – 1,450 sq ft (1st Floor) • Unit 2: 2 Bedroom, 1 Bathroom – 800 sq ft (2nd Floor) • Unit 3: 2 Bedroom, 1 Bathroom – 800 sq ft (2nd Floor) Apartment #2 (Back Building) • Unit 4: 1 Bedroom, 1 Bathroom – 312 sq ft (1st Floor) • Unit 5: 2 Bedroom, 1 Bathroom – 552 sq ft (2nd Floor) Investment Highlights: ? Fully occupied with quality tenants ? Annual Rental Income: $25,500 ? Annual Insurance & Property Taxes: $5,807 ? Net Cash Flow: $19,693 per year ? Asking Price: $165,000 ? Approximate Annual Return: 11.93% Additional Information: • Tenants provide their own appliances and window A/C units. • Strong rental history with all units currently leased, and all tenants have been in units over 5 years • Excellent opportunity for investors seeking immediate cash flow. Properties with this level of cash flow and occupancy are difficult to find at this price point. For additional information or to schedule a showing, please call/test Andrew @ 337 - 303 - 2284