60-Unit Apartment
For Sale
Contact for pricing
115 Sycamore Drive, Lafayette, LA 70506
Two multifamily assets combine garden-style apartments with oversized three-bedroom townhomes.
Property Size50,520 SF
Days on Market63
Property Features for 115 Sycamore Drive
General Information
Standard status
Active
Size
50,520 SF
Property subtype
Multifamily
Occupancy
93%
Investment Type
Value Add
Net Operating Income
$514,217
Property Condition
Severity
Repairs Needed
Evidence
deferred maintenance
Additional Details
Multifamily Units
60
Building Details
Year Built
2012
Year Renovated
2025
Buildings
2
Units
60
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Baton Rouge
(225) 376-6750
Listed By:
chris shaheen · License #LA 0995692662
Source:
Crexi
Added: Jun 30
Changed: Aug 31
Last Checked: Aug 31 at 4:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Baton Rouge
Investment Insights
Based on property information with market context.
This multifamily offering includes 60 units across two apartment properties in Lafayette, Louisiana. Sycamore Village contributes 48 garden-style units, while Parc Fontaine adds 12 oversized three-bedroom townhomes in south Lafayette. The portfolio presents two distinct residential formats within a single offering.
A capital improvement program conducted from 2022 through 2025 addressed property upgrades across both assets. The source information identifies the properties as having been built in 2012, providing a relatively consistent vintage for the portfolio. The Lafayette address is 115 Sycamore Drive, Lafayette, LA 70506.
A capital improvement program conducted from 2022 through 2025 addressed property upgrades across both assets. The source information identifies the properties as having been built in 2012, providing a relatively consistent vintage for the portfolio. The Lafayette address is 115 Sycamore Drive, Lafayette, LA 70506.
Key Highlights
- 60 units across two apartment properties
- Sycamore Village includes 48 garden‑style units
- Parc Fontaine offers 12 oversized three‑bedroom townhomes
Property Analytics
Property Profile
Current Use
Lease Details
60
Residential units
Location Intelligence
Trade Area within ½ mile
940
Businesses Nearby
Explore this area
Business Placement
Demographics for 70506, LA
39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two multifamily assets combine garden-style apartments with oversized three-bedroom townhomes.
Where is this apartment building located?
The property is located at 115 Sycamore Drive Lafayette, LA.
What are key features of this property?
This property features: 60 units across two apartment properties; Sycamore Village includes 48 garden‑style units; Parc Fontaine offers 12 oversized three‑bedroom townhomes
