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    603 Yvonne St New Iberia, LA 70560

    Sponsored
    For Sale
    $2,250,000

    Multi Family - New Iberia, LA

    Type:Multi Family
    Property size:
    43,736 SF
    Days on Market:
    230
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 603 Yvonne St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Parking
    96
    Parking features
    Parking Lot
    Interior features
    Cable Available, Ceiling Fans, Individual Meter, Electric Dryer Connection, Electric Stove Connection, Electric Washer Connection
    Exterior features
    Outside Light
    Appliances
    Range, Refrigerator
    Size
    43,736 SF

    Utilities

    Utilities
    Cable Available, Electricity Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Number of units
    44
    Flooring type
    Laminate
    Roof type
    Composition
    Architectural style
    Other

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Teresa Rainey (337) 534-0555

    Listing date May 21, 2025

    MLS# 24011129 Listing URL

    Copyright © 2025 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Apartment Complex For Sale

    This is a 44-unit income-producing apartment complex located in New Iberia, Louisiana. The property, known as Village Park, consists of 11 single-story 4-plexes situated on Yvonne Street. Each unit features 2 bedrooms and 1.5 bathrooms and is equipped with a stove, refrigerator, and central air conditioning. The living area of the property totals 43736 square feet. Each unit currently rents for $600. Twenty-five units have been recently refreshed, and the roofing is 4 years old, making this a turnkey investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Iberia
    County
    Iberia
    State
    Louisiana
    Longitude
    -91.8391199
    Latitude
    30.0036277

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    FAQs

    What type of property is this?
    Apartment building - 44-unit income-producing apartment complex in New Iberia, Louisiana.
    Where is this apartment building located?
    The property is located at 603 Yvonne St New Iberia, LA.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Turnkey 44-unit apartment complex, ideal for investors.; - Income-producing property with all units currently rented.; - Each unit features 2 bedrooms and 1.5 baths, with stove, refrigerator, and central air.
    (855) 450-0442
    Request Owner's contact information
    603 Yvonne St New Iberia, LA 70560
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    New Iberia, LA 70560
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    603 Yvonne St New Iberia, LA 70560
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