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    The Largest CRE Database in the US with Over 1 Million Listings

    Elizabeth Coleman, Lafayette, LA

    License ID: 0995702112
    Years of Experience
    5
    Association
    Realtor Association Of Acadiana

    Service Locations

    Contact details

    Phone:
    (337) 857-5955
    Office Address:
    111 Industrial Parkway, Lafayette, LA 70508

    Property Types

    • Residential Multi Family

    Performance

    Listings
    14
    Total transactions
    19
    Total transactions amount
    $3M
    Price range
    $105k - 237k
    Average price
    $158k

    Listings

    For Sale (14)

    View map
    • $250,000
      2,450 SF

      New Iberia Multifamily Property

      Multifamily property for sale in New Iberia, Louisiana.
      1610 Dehart Dr, New Iberia, LA 70560
      View Details
    • $375,000
      3,675 SF

      New Iberia Multi-Family Property

      Multi-family property in New Iberia, Louisiana, totaling 3,675 square feet.
      1606 Dehart Dr, New Iberia, LA 70560
      View Details
    • $420,000
      4,000 SF

      New Iberia Multifamily Opportunity

      Multifamily property in New Iberia, Louisiana, totaling 4,000 square feet.
      1603 Dehart Dr, New Iberia, LA 70560
      View Details
    • $375,000
      3,675 SF

      New Iberia Multifamily Investment Property

      Fully occupied triplex in New Iberia, a turnkey investment opportunity.
      1506 Southport Blvd, New Iberia, LA 70560
      View Details
    • $375,000
      3,675 SF

      New Iberia Multi-Family Property

      Multi-family property in New Iberia, Louisiana, totaling 3,675 square feet.
      1604 Dehart Dr, New Iberia, LA 70560
      View Details
    • $250,000
      2,450 SF

      New Iberia Multifamily Investment

      Fully occupied multifamily property featuring two modernized townhouse-style units.
      1602 Dehart Dr, New Iberia, LA 70560
      View Details
    • $250,000
      2,450 SF

      Income-Producing Property in New Iberia

      Turnkey duplex with steady rental income and updated interiors.
      1536 S Patout St, New Iberia, LA 70560
      View Details
    • $250,000
      2,450 SF

      New Iberia Multifamily Investment Property

      Cash-flowing, turnkey investment property with two spacious, updated units.
      1534 S Patout St, New Iberia, LA 70560
      View Details
    • $250,000
      2,450 SF

      New Iberia Package Homes

      Package homes available for sale in New Iberia, Louisiana.
      1608 Dehart Dr, New Iberia, LA 70560
      View Details
    • $375,000
      2,450 SF

      New Iberia Multifamily Investment Property

      Three-unit townhouse complex in New Iberia, Louisiana.
      1518 Mclemore St, New Iberia, LA 70560
      View Details
    • $210,000
      2,384 SF

      Income-Producing Duplex in New Iberia

      Well-maintained, fully rented duplex with immediate cash flow potential.
      125 Carter St, New Iberia, LA 70560
      View Details
    • $225,000
      2,400 SF

      New Iberia Multifamily Investment Property

      Well-maintained duplex in a desirable neighborhood, ideal for investors.
      1422 Southport Blvd, New Iberia, LA 70560
      View Details
    • $630,000
      6,000 SF

      Turnkey Multifamily Investment Property

      Cash-flowing six-unit multifamily property in New Iberia.
      1522 Mclemore St, New Iberia, LA 70560
      View Details
    • $440,000
      4,900 SF

      New Iberia Multifamily Investment Property

      Fully occupied four-unit multifamily property in New Iberia, Louisiana.
      1530 S Patout St, New Iberia, LA 70560
      View Details

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    • For Sale

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    Elizabeth Coleman, Lafayette, LA
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Elizabeth Coleman, Lafayette, LA
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