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Property profile & analytics
OFF-MARKET
Apartment buildings

513 Johnston St Lafayette, LA 70501

7,800 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 10-unit apartment building located at 513 Johnston Street in Lafayette, Louisiana, 70501. The property boasts a total of 7,800 square feet across two stories, offering a compelling price per square foot of $94.74. The asking price for this multifamily property is $739,000. Each unit is situated within a well-maintained building in an excellent Lafayette location. Detailed financial information is available upon request. This property represents a strong potential for income generation and appreciation in a desirable market. The property's address is easily accessible and situated within Lafayette Parish. The building's size and unit count make it an attractive investment for both seasoned and new investors seeking a multifamily property in a thriving Louisiana market. Further information regarding the property's financials and operational details can be provided to qualified buyers. This is a turnkey opportunity to acquire a well-positioned multifamily asset in a high-demand area. Serious inquiries are encouraged to explore this promising investment prospect.

Property profile
Verified
Property type Apartment buildings
Total area 7,800 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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