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Purpose-Built Student Housing Community
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Pending

501 Stewart St, Lafayette, LA 70501

575-bed student-living community with 95% occupancy for the 22–23 academic year, within a 13-minute walk of UL Lafayette.

Property SizeContact for details
Days on Market142

Property Features for 501 Stewart St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 95%

Additional Details

Business Included Yes

Building Details

Tenancy Multi
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Scott Clifton · License #IL 475.170910
Source: Crexi
Added: Apr 11 Changed: Aug 21 Last Checked: Aug 29 at 8:59PM

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 JLL Chicago | Americas Headquarters

Investment Insights

Based on property information with market context.

The Quarters Lafayette is a purpose-built student-living community offering 575 beds. The property is currently 95% occupied for the 22–23 academic year.

Located at 501 Stewart St in Lafayette, the community sits within a 13-minute walk of the University of Louisiana at Lafayette (UL Lafayette). It is in the historically designated Freetown Port Rico neighborhood, described in the remarks as positioned between UL’s campus and Lafayette’s downtown.

This offering is being marketed as a dedicated student-housing asset within Lafayette’s university-focused housing market.

Key Highlights

  • 575‑bed, purpose‑built student‑living community
  • Currently 95% occupied for the 22–23 academic year
  • Located within a 13‑minute walk of University of Louisiana at Lafayette (UL Lafayette)

Property Analytics

Current Use

The Quarters Student Housing Center Hairvenly Hands Salon Hair Salon

Suggested Use

Top Pick HVAC Service Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Storage Facility Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

95%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,907
Businesses Nearby

Demographics for 70501, LA

28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 575-bed student-living community with 95% occupancy for the 22–23 academic year, within a 13-minute walk of UL Lafayette.
Where is this apartment building located?
The property is located at 501 Stewart St Lafayette, LA.
What are key features of this property?
This property features: 575‑bed, purpose‑built student‑living community; Currently 95% occupied for the 22–23 academic year; Located within a 13‑minute walk of University of Louisiana at Lafayette (UL Lafayette)
More about this property
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