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    Saint Martinville, LA
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    Saint Martinville, LA Apartment Buildings for Sale

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    Broussard, LA Cade, LA New Iberia, LA Youngsville, LA Breaux Bridge, LA Lafayette, LA
    24-Unit Apartment Complex For Sale
    Updated: Mar 26
    24-Unit Apartment Complex For Sale

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

    $1,785,700
    21,684 sqft 0.86 AC lot
    High Occupancy: Stays fully leased, ensuring consistent rental income
    Strong Income: $125,000 Net Operating Income (NOI) indicates profitability
    Attractive CAP Rate: 7% CAP Rate suggests a good return on investment
    Expansion Potential: Approximately 0.86 acres of additional land available for development
    Unit Mix: Consists of twelve 2‑bedroom units and twelve 1‑bedroom units
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    24-Unit Apartment Building with Land
    Updated: Jul 26, 2022
    24-Unit Apartment Building with Land

    111-131 Teresa Drive, Saint Martinville, LA 70582

    $1,785,700
    21,684 sqft
    24 apartment units with twelve 2‑bedroom and twelve 1‑bedroom residences
    Two‑bedroom units measure 840 SF each; one‑bedroom units measure 720 SF each
    Approximately 0.86 additional acres included
    On‑site laundry facility
    Fully leased apartment property
    View details
    See what stands out in St. Martin Parish

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Saint Martinville, LA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    10-Unit Furnished Apartment Building
    10-Unit Furnished Apartment Building

    425 Heart D Farm Road 1-10, Youngsville, LA 70592

    $4,200,000
    17,680 sqft

    Nearly new townhome residences support furnished rental strategies with flexible occupancy options and separate HVAC systems by level.

    View details
    Furnished Townhome Multifamily Property
    Furnished Townhome Multifamily Property

    425 Heart D Farm Road, Youngsville, LA 70592

    $4,200,000
    17,680 sqft

    Ten newly constructed, furnished townhomes offer private garages, fenced backyards, and Energy Star-rated construction.

    View details
    Four-Level Mixed-Use Building
    Four-Level Mixed-Use Building

    150 W Main St, New Iberia, LA 70560

    $485,000
    14,972 sqft

    Partially completed redevelopment with proposed restaurant space, eight residential units, balconies, and an elevator shaft.

    View details
    44-Unit Apartment Property
    44-Unit Apartment Property

    603 YVONNE Street, New Iberia, LA 70560

    $1,900,000

    Uniform two-bedroom apartments with central air, separate utility metering, and in-place occupancy.

    View details

    Off-Market Properties in Saint Martinville, LA

    Consider similar Off-Market properties in Saint Martinville, LA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    111 Teresa Dr
    Multifamily properties

    111 Teresa Dr, Saint Martinville, LA 70582

    Estimated value:
    by Request
    21,684 sqft
    View details

    Saint Martinville, LA Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Saint Martinville, LA on our real estate platform. These investment opportunities span a total of 43,368 square feet of properties for sale, with an estimated market value of $3,571,400.

    Sale prices for two-family homes in Saint Martinville, LA average $1,785,700 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 19K
    Population Growth (5Y) -2.0%
    Median Household Income $46,690
    College Educated 16.0%

    High-Yield Neighborhoods for Investment

    Identify Saint Martinville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    70582 $1M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Martin Parish

    New Delisted

    Total CRE Inventory on Market (SF)

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