513 Johnston St Lafayette, LA 70501
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.