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11-Unit Apartment Building
For Sale
Contact for pricing
Pending

700 Blk E Main St, Broussard, LA 70518

Built in 2022 with individually metered residences and on-site parking.

Property SizeContact for details
Days on Market141

Property Features for 700 Blk E Main St

General Information

Standard status Pending
Total Parking Spaces 28
Property subtype Multifamily
Occupancy 73%

Units

Unit Mix 9 x 3BR/3BA, 2 x 3BR/2BA
Multifamily Units 11

Additional Details

Utilities to Site Yes

Amenities

stainless steel kitchen appliances
in-unit washer/dryer
individual utility meters

Building Details

Year Built 2022
Listing Agency: The Gleason Group
Listed By: Will Taylor · License #LA 0995699690
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 3:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Gleason Group

Investment Insights

Based on property information with market context.

Completed in 2022, this apartment property contains 11 residences. The unit mix includes nine three-bedroom, three-bath homes measuring 2,276 square feet each, along with two three-bedroom, two-bath homes offering 1,644 square feet per unit. Interiors include stainless steel kitchen appliances and in-unit washer and dryer sets.

Each residence has separate metering, with tenants responsible for electricity, water, and sewer. The owner currently pays for trash service. On-site parking totals 28 spaces. Eight units are leased, while three are currently available for occupancy. The property is located in Broussard, Louisiana.

Key Highlights

  • 11‑unit apartment property completed in 2022
  • Nine 3 bed/3 bath units at 2,276 sqft each
  • Two 3 bed/2 bath units at 1,644 sqft each

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Electrical Service Furniture & Home Goods Veterinary Clinic

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

11
Residential units
72.7%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

572
Businesses Nearby

Demographics for 70518, LA

16,683
Population
6,724
Households
2.5
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
41.7 sq mi
ZIP Area
400
Density / Sq Mi
$103,574
Median Household Income
$51,210
Median Earnings
$997
Median Rent
$287,300
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 - Built in 2022 with individually metered residences and on-site parking.
Where is this apartment building located?
The property is located at 700 Blk E Main St Broussard, LA.
What are key features of this property?
This property features: 11‑unit apartment property completed in 2022; Nine 3 bed/3 bath units at 2,276 sqft each; Two 3 bed/2 bath units at 1,644 sqft each
(318) 664-4945 Call to check price and availability
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