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

303 Cougar Ridge, Lafayette, LA 70508

MULTI_FAMILY - Lafayette, LA

Property Size4,800 SF
Lot Size0.19 Acres
Days on Market16

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 3, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2
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 $260 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: Aug 8 Last Checked: Aug 11 at 9:06PM
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 turnkey 8-plex apartment building offers multiple bedrooms and four bathrooms across its unit mix, with interior features that include walk-in closets. The property includes carpet and vinyl flooring, wood siding exterior, and a composition roof. Heating is electric with central systems, and cooling is provided by central air. Appliances include a refrigerator and electric range, along with outside lighting and additional exterior lighting elements.

Set on a 0.19-acre lot at 303 Cougar Ridge in Lafayette, Louisiana, the property is served by public water and provides parking lot on-site parking. The listing describes the building as well maintained with long-term tenants, with optional built-in management services available if needed. The property is part of a larger portfolio that can be purchased individually or as a package.

Key Highlights

  • 8‑plex apartment building with multiple bedrooms and four bathrooms
  • 0.19‑acre lot
  • 4,800 SF

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy Daycare Center Locksmith Electrical Service Catering Service Home Appliance Store

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

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 - Turnkey apartment building with eight units, central air and electric heating, and parking lot.
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 apartment building with multiple bedrooms and four bathrooms; 0.19‑acre lot; 4,800 SF
More about this property
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