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8-Unit Apartment Building
For Sale
$399,000
Pending

303 Cougar Ridge, Lafayette, LA 70508

Residential Income, Lafayette, LA

Property Size4,800 SF
Lot Size0.19 Acres
Days on Market63

Property Features for 303 Cougar Ridge

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Unincorporated
Bedrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 1
Parking 16
Parking features Parking Lot
Interior features Walk-In Closet(s), Walk-In Closet(s)
Exterior features Lighting, Outside Light
Appliances Refrigerator, Electric Range
Subdivision Oakcreek
Lot features Level
Elementary school Drexel
Middle school Broussard
High school Comeaux
Elementary school district Lafayette Parish
Middle school district Lafayette Parish
High school district Lafayette Parish
Directions From Fox Run Ave., turn right onto Badger Trail, then right onto Cougar Ridge. The complex will be on the left.
Standard status Pending
APN 6014059
Size 4,800 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description LOT 63 OAKCREEK SUB EXT 2 (60X137.75X60.01X138.01)
HOA Fee $450 Quarterly
Legal Description LOT 63 OAKCREEK SUB EXT 2 (60X137.75X60.01X138.01)

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Floors in Building 2
Number of units 8
Flooring type Carpet, Vinyl
Building materials Wood Siding
Roof type Composition
Listing Agency: Real Broker, LLC
Listed By: Jamie Knight · License #69168
Added: Jul 27 Changed: Sep 24 Last Checked: Sep 27 at 12:06PM
MLS# 2600006896

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.

Investment Insights

Based on property information with market context.

This 8-plex contains 4,800 square feet on a 0.19-acre parcel in Lafayette, Louisiana. The property has long-term tenants and includes central air conditioning, electric heating, vinyl and carpet flooring, wood siding, a composition roof, and a parking lot. Refrigerators and electric ranges are among the installed appliances.

The property is located at 303 Cougar Ridge in Lafayette, LA 70508, with public water service and unincorporated zoning. Optional built-in management services are available if needed, while the property may also be operated without that arrangement.

Key Highlights

  • 8‑plex containing 4,800 square feet
  • Situated on a 0.19‑acre parcel
  • Long‑term tenants in place

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy Daycare Center Locksmith Electrical Service Catering Service Bakery

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

Demographics for 70508, LA

40,343
Population
18,677
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
94%
High-School Grad
24.3 sq mi
ZIP Area
1,660
Density / Sq Mi
$88,017
Median Household Income
$51,614
Median Earnings
$1,244
Median Rent
$299,200
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

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

What type of property is this?
Apartment building - Central air, electric heat, public water, and on-site parking support the existing multifamily configuration.
Where is this apartment building located?
The property is located at 303 Cougar Ridge Lafayette, LA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 8‑plex containing 4,800 square feet; Situated on a 0.19‑acre parcel; Long‑term tenants in place
More about this property
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