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    Scott, LA Multifamily Investment Title is generated by Realmo AI

    112/114 Rendezvous, Scott, LA 70583

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    Claim this Listing
    Pending
    $325,000

    MULTI_FAMILY - Scott, LA

    Property size:
    5,292 SF
    Lot size:
    1.69 Acres
    Added:
    Dec 15, 2025
    Days on Market:
    147
    Last Refresh:
    May 11 at 7:06 am

    Property Features for 112/114 Rendezvous

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    12
    Rooms
    Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 12, Bedroom 5, Bathroom 6, Bedroom 9, Bathroom 8, Bedroom 6, Bathroom 5, Bathroom 2, Bedroom 7, Bedroom 10, Bathroom 7, Bedroom 4, Bedroom 2, Bedroom 11, Bedroom 8
    Parking
    12
    Parking features
    Assigned
    Patio and Porch features
    Porch
    Interior features
    Vaulted Ceiling(s), Walk-In Closet(s), Electric Dryer Connection, Electric Stove Connection, Electric Washer Connection, Vaulted Ceilings, Walk-In Closet(s)
    Exterior features
    Lighting, Outside Light, Porch, Storm Doors
    Fencing
    Chain Link
    Appliances
    Dishwasher, Built-In Electric Oven, Electric Range, Electric Cooktop
    Standard status
    Pending
    APN
    6025460/6096883
    Size
    5,292 SF
    Lot size
    1.69 Acres

    Taxes and HOA fees

    Tax Description
    (112) Lot 5 Sec 26 T9S R3E (100x82) Lot 4 Sec 26 (T9S R3E (100x82)(91-12333) (114) TR13 Sec 26 T9S R3E (1.69AC)

    Utilities

    Sewer type
    Private Sewer, Septic Tank
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Number of units
    4
    Flooring type
    Vinyl, Tile, Carpet
    Building materials
    Vinyl Siding
    Roof type
    Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Rusty Steel

    Listing agent Rusty Steel License #0995690955

    Listing office EXP Realty, LLC 1318 Camellia Blvd. Suite 222, Lafayette, LA

    Listing date Dec 15, 2025

    MLS# 2500006295 Listing URL

    Copyright © 2026 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.

    HighLights

    • Strong Income Potential: Fully occupied 4‑unit multifamily property with desirable 3‑bedroom, 2‑bath layouts.
    • Expansion Opportunity: Includes two extra platted lots with utilities for future development.
    • Convenient Location: Quick access to I‑10 and minutes from restaurants, shopping, schools, and amenities.
    • Upside Potential: Opportunity to add value immediately and benefit from future development.
    • Desirable Interior Features: Vaulted ceilings and walk‑in closets in each unit.
    • Durable Construction: Features vinyl siding and a metal roof.

    Overview

    This fully occupied, four-unit multifamily property offers income potential. Each unit features a 3-bedroom, 2-bath layout. The property includes two extra platted lots with water, sewer, and electrical already available, providing an opportunity to further expand. Located just off I-10, the property offers quick highway access and is minutes from restaurants, shopping, schools, and everyday amenities. The property size is 5292 square feet and the lot size is 1.69 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Scott
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.133139
    Latitude
    30.235639

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property with expansion potential near I-10.
    Where is this quadplex located?
    The property is located at 112/114 Rendezvous Scott, LA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Strong Income Potential: Fully occupied 4‑unit multifamily property with desirable 3‑bedroom, 2‑bath layouts.; Expansion Opportunity: Includes two extra platted lots with utilities for future development.; Convenient Location: Quick access to I‑10 and minutes from restaurants, shopping, schools, and amenities.
    (337) 962-4635
    We can help!
    Listing Contact
    Rusty Steel
    Real Estate License ID: 0995690955
    Learn More
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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.

    More about this property
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