Value-Add Multifamily
For Sale
Contact for pricing
915 S College Rd, Lafayette, LA 70503
Multifamily asset along S College Road with convenient access to employers, retail, healthcare, and UL Lafayette.
Property Size41,239 SF
Days on Market74
Property Features for 915 S College Rd
General Information
Standard status
Active
Size
41,239 SF
Class
C
Total Parking Spaces
86
Property subtype
Multifamily
Occupancy
92%
Investment Type
Stabilized
Net Operating Income
$304,341
Building Details
Year Built
1961
Buildings
2
Units
60
Tenancy
Multi
Listing Agency:
Stirling Properties
Listed By:
Chad Rigby · License #MS B-21591
Source:
Crexi
Added: Jun 19
Changed: Aug 27
Last Checked: Aug 30 at 4:51PM
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 Stirling Properties
Investment Insights
Based on property information with market context.
Lila Place is a multifamily property offered for sale at 915 S College Rd in Lafayette, Louisiana. The asset is presented as an investor opportunity with a value-add focus, suggesting room to improve operations and align performance to market conditions. It is positioned to serve long-term residential rental needs as an income-producing multifamily holding.
According to the public remarks, the property is located along South College Road in one of Lafayette’s established residential corridors. The location is described as convenient to major employment centers, retail destinations, healthcare facilities, and the University of Louisiana at Lafayette, factors that can support steady leasing activity for suitable tenants.
For investors or operators looking to acquire a residential income property, Lila Place offers a straightforward multifamily platform in a well-known corridor. The concept centers on identifying practical enhancements to day-to-day operations and adjusting rent positioning where appropriate, with the goal of improving overall asset performance over time.
According to the public remarks, the property is located along South College Road in one of Lafayette’s established residential corridors. The location is described as convenient to major employment centers, retail destinations, healthcare facilities, and the University of Louisiana at Lafayette, factors that can support steady leasing activity for suitable tenants.
For investors or operators looking to acquire a residential income property, Lila Place offers a straightforward multifamily platform in a well-known corridor. The concept centers on identifying practical enhancements to day-to-day operations and adjusting rent positioning where appropriate, with the goal of improving overall asset performance over time.
Key Highlights
- Multifamily property located along S College Road
- Year built: 1961
- Convenient access to major employment centers, retail destinations, healthcare facilities, and UL Lafayette
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,553
Businesses Nearby
Explore this area
Business Placement
Demographics for 70503, LA
27,497
Population
13,052
Households
2.1
Avg Household Size
38
Median Age
55%
College-Educated
96%
High-School Grad
11.3 sq mi
ZIP Area
2,433
Density / Sq Mi
$94,360
Median Household Income
$54,170
Median Earnings
$1,087
Median Rent
$326,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily asset along S College Road with convenient access to employers, retail, healthcare, and UL Lafayette.
Where is this multifamily property located?
The property is located at 915 S College Rd Lafayette, LA.
What are key features of this property?
This property features: Multifamily property located along S College Road; Year built: 1961; Convenient access to major employment centers, retail destinations, healthcare facilities, and UL Lafayette
