Apartment Building

St Martin County, LA Apartment Buildings for Sale

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New Orleans, LA Baton Rouge, LA Lafayette, LA Shreveport, LA Houma, LA Lake Charles, LA Monroe, LA Hammond, 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
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in St Martin County, LA, we suggest exploring several alternatives:

St Martin County, LA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in St Martin County, 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 apartment complexes in St Martin County, 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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