Three-Home Multifamily
For Sale
$225,000
Pending
123 Arista Drive, Carencro, LA 70520
Residential Income, Carencro, LA
Property Size3,000 SF
Days on Market47
Property Features for 123 Arista Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
9
Full bathrooms
6
Rooms
Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 3, Bedroom 8, Bathroom 3, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 9, Bathroom 6, Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 5
Parking
6
Parking features
Assigned
Patio and Porch features
Porch
Interior features
Walk-In Closet(s), Electric Stove Connection
Exterior features
Porch
Appliances
Dishwasher, Microwave, Refrigerator, Electric Range, Dishwasher, Microwave, Refrigerator, Electric Range
Subdivision
Brasseaux A
Lot features
Level
Elementary school
Ossun
Middle school
Carencro
High school
Carencro
Elementary school district
Lafayette Parish
Middle school district
Lafayette Parish
High school district
Lafayette Parish
Directions
University to Carencro, left on Ira Street. Right on Cankton Road, left on Gendarme, right on Arista, property is on the left
Standard status
Pending
APN
6118655
Size
3,000 SF
Taxes and HOA fees
Tax Description
LOT 1 BRASSEUX, MOISE ESTATE PH 3 (0.9051 AC) 200 X 194.5 X 197.68X 199.99
Legal Description
LOT 1 BRASSEUX, MOISE ESTATE PH 3 (0.9051 AC) 200 X 194.5 X 197.68X 199.99
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Floors in Building
1
Number of units
3
Flooring type
Laminate, Carpet
Building materials
Vinyl Siding
Roof type
Metal
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Lucius A Hornsby · License #69258
(337) 344-9949
Added: Aug 31
Changed: Oct 9
Last Checked: Oct 16 at 11:06PM
MLS# 2600008185
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property comprises three mobile homes on a single lot, with 3,000 square feet of total property size. Each residence has three bedrooms and two bathrooms, along with a porch. Interior features include walk-in closets and electric stove connections; heating and central air are provided. The homes have vinyl siding, metal roofs, and a mix of laminate and carpet flooring.
The property is at 123 Arista Drive in Carencro, Louisiana, and is zoned Residential. Public water serves the site, with a septic tank for sewer. Parking is assigned.
The property is at 123 Arista Drive in Carencro, Louisiana, and is zoned Residential. Public water serves the site, with a septic tank for sewer. Parking is assigned.
Key Highlights
- Three mobile homes on one lot
- 3,000 square feet of property size
- Each home has 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,692
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,840
$393.8K
Cap Rate 7%
$281,314
$281.3K
Cap Rate 9%
$218,800
$218.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$40.3K $13.44/SF
− Vacancy
−$4.5K −$1.51/SF
EGI
$35.8K $11.93/SF
− OpEx
−$16.1K −$5.37/SF
NOI
$19.7K $6.56/SF
Area
Lafayette County, LA
Vacancy
11.20%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,840
Cap Rate 7%
$281,314
Cap Rate 9%
$218,800
Alternative Uses
Best Use
Multifamily LT 5
$324.9K
$284.3K – $379.1K
NOI $22,744 @ 7.0% cap · market cap 10.11%
Second Best
Apartment 5plus
$281.3K
$246.2K – $328.2K
NOI $19,692 @ 7.0% cap · market cap 8.75%
Theoretical Best
Office A
$709.3K
$620.6K – $827.5K
NOI $49,651 @ 7.0% cap · market cap 22.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 70520, LA
20,017
Population
9,011
Households
2.2
Avg Household Size
37
Median Age
21%
College-Educated
87%
High-School Grad
38.8 sq mi
ZIP Area
516
Density / Sq Mi
$65,956
Median Household Income
$43,019
Median Earnings
$953
Median Rent
$199,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three separate residences share one lot, with each home offering a three-bedroom, two-bathroom layout.
Where is this multifamily property located?
The property is located at 123 Arista Drive Carencro, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Three mobile homes on one lot; 3,000 square feet of property size; Each home has 3 bedrooms and 2 bathrooms
