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

303 Cougar Ridge, Lafayette, LA 70508

Multifamily, Lafayette, LA

Property Size4,800 SF
Lot Size0.19 Acres
Days on Market97

Property Features for 303 Cougar Ridge

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Unincorporated
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 4
Parking 16
Parking features Parking Lot
Interior features Walk-In Closet(s)
Exterior features Lighting
Appliances Electric Range, Refrigerator, Electric Range, Refrigerator
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

Additional Details

Tenant in Place Yes

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

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Number of units 8
Flooring type Plank, Vinyl, Carpet
Building materials Frame, Wood Siding
Roof type Composition
Listing Agency: Real Broker, LLC
Listed By: Jamie Knight · License #69168
Added: Jul 27 Changed: Oct 23 Last Checked: Oct 31 at 1:06PM
MLS# 2600006896

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 8-unit apartment property contains 4,800 square feet on a 0.19-acre parcel. Frame construction with wood siding is topped by a composition roof. Interior finishes include carpet, plank, and vinyl flooring, and a walk-in closet is among the listed interior features. Central electric heat and central air conditioning serve the building; a parking lot is also on site.

The property has public water and public sewer service and is zoned Unincorporated. It may be acquired on its own or as part of a larger portfolio of rental properties.

Key Highlights

  • Eight apartment units in a 4,800‑square‑foot building
  • Situated on a 0.19‑acre parcel
  • Central electric heating and central air conditioning

Property Analytics

Who owns this building? See the owner, sales and loan history
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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

Frequently Asked Questions

What type of property is this?
Apartment building - Central heating and air conditioning serve the property, with a dedicated parking lot for residents.
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: Eight apartment units in a 4,800‑square‑foot building; Situated on a 0.19‑acre parcel; Central electric heating and central air conditioning
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