Listing Agency: Marcus & Millichap - Baton Rouge c***@marcusmillichap.com Show Phone

Listed By: chris shaheen · License #LA 0995692662

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 2:54AM

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Investment Insights

Based on property information with market context.

Parkside Apartments is a 24-unit multifamily property at 2401 E Simcoe St in Lafayette, Louisiana. The asset is identified as an apartment complex and is offered for sale.

Key Highlights

• 24‑unit apartment complex
• Located at 2401 E Simcoe St, Lafayette, LA 70501
• Named Parkside Apartments

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy HVAC Service Parking Lot & Garage

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

24

Residential units

Location Intelligence

Trade Area within ½ mile

290

Businesses Nearby

Explore this area Business Placement

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 - Multifamily property with a 24-unit configuration in Lafayette, Louisiana.

Where is this apartment building located?

The property is located at 2401 E Simcoe St Lafayette, LA.

What are key features of this property?

This property features: 24‑unit apartment complex; Located at 2401 E Simcoe St, Lafayette, LA 70501; Named Parkside Apartments