Eight-Unit Townhome-Style Apartment
For Sale
$590,000
5758/5766 Hwy. 182, Opelousas, LA 70570
Multifamily, Opelousas, LA
Property Size6,400 SF
Price / SF$92.19
Days on Market220
Property Features for 5758/5766 Hwy. 182
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
6
Full bathrooms
4
Half bathrooms
4
Rooms
Bathroom 4, Bathroom 2, Bathroom 5, Bedroom 8, Bedroom 4, Bedroom 7, Bathroom 3, Bathroom 1, Bathroom 6, Bedroom 3, Bathroom 8, Bathroom 7, Bedroom 6, Bedroom 2, Bedroom 1, Bedroom 5
Parking
16
Parking features
Parking Lot
Patio and Porch features
Patio
Appliances
Electric Range, Refrigerator, Electric Stove Connection, Electric Range, Refrigerator, Electric Stove Connection
Subdivision
Royal Gardens
Elementary school
Park Vista
Middle school
Opelousas
High school
Opelousas
Elementary school district
St. Landry Parish
Middle school district
St. Landry Parish
High school district
St. Landry Parish
Directions
I-49 N to Harry Guilbeau Exit Turn left go to ''T'' turn right Property will be on the right.
Standard status
Active
APN
0105286125
Size
6,400 SF
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
See Realtor Remarks
Tax Annual Amount
3454
Legal Description
See Realtor Remarks
Utilities
Utilities
Cable Available
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
washer/dryer connections
private patio
Building Details
Number of units
8
Flooring type
Vinyl, Carpet
Building materials
Brick
Roof type
Composition
Buildings
2
Listing Agency:
Gauthier Real Estate, Inc.
(337) 856-0056
Listed By:
Eloise Gauthier · License #39897
(337) 344-7833
Added: Mar 24
Changed: Oct 28
Last Checked: Oct 29 at 5:06AM
MLS# 2600002422
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.
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Investment Insights
Based on property information with market context.
This eight-unit apartment property consists of two fourplexes with a combined 6,400 square feet. Each residence has a townhome-style, two-level plan with two bedrooms and one and a half bathrooms. Living space and a half bath are on the ground floor; the upper level contains the bedrooms and full bath. Units also include washer and dryer connections and private patios.
Brick construction, central heating and air conditioning, a parking lot, and public water serve the property. Each unit has an electric range and refrigerator. Tenants are responsible for utilities, while the seller pays electricity for sewer operations.
Brick construction, central heating and air conditioning, a parking lot, and public water serve the property. Each unit has an electric range and refrigerator. Tenants are responsible for utilities, while the seller pays electricity for sewer operations.
Key Highlights
- Two fourplex buildings with 6,400 square feet combined
- Eight residences, each with 2 bedrooms and 1.5 bathrooms
- Two‑level townhome‑style layouts with private patios
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,929
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,580
$678.6K
Cap Rate 7%
$484,700
$484.7K
Cap Rate 9%
$376,989
$377.0K
Market Conditions
NOI Build-Up for 6,400 SF
Gross rent
$65.3K $10.20/SF
− Vacancy
−$3.6K −$0.56/SF
EGI
$61.7K $9.64/SF
− OpEx
−$27.8K −$4.34/SF
NOI
$33.9K $5.30/SF
Area
St. Landry County, LA
Vacancy
5.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,580
Cap Rate 7%
$484,700
Cap Rate 9%
$376,989
Alternative Uses
Best Use
Apartment 5plus
$484.7K
$424.1K – $565.5K
NOI $33,929 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$965.5K
$844.8K – $1.13M
NOI $67,584 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
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Business Placement
Demographics for 70570, LA
38,746
Population
17,099
Households
2.3
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
171.8 sq mi
ZIP Area
226
Density / Sq Mi
$45,276
Median Household Income
$33,090
Median Earnings
$764
Median Rent
$151,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings offer private patios, in-unit laundry connections, and a two-level layout in each residence.
Where is this apartment building located?
The property is located at 5758/5766 Hwy. 182 Opelousas, LA.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Two fourplex buildings with 6,400 square feet combined; Eight residences, each with 2 bedrooms and 1.5 bathrooms; Two‑level townhome‑style layouts with private patios
