205 Guillot Rd Youngsville, LA 70592
- Residential income homes
- 14,388 SF
- 0.73 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 205 Guillot Rd
- Year built
- 1982
- Lot size
- 0.73 lot acres
- Property size
- 14,388 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a 28-unit multifamily portfolio in Youngsville, Louisiana. Comprising eight buildings (two duplexes and six fourplexes) situated on a 0.73-acre lot, this Class C property boasts 14,388 square feet of net rentable space and 35 parking spaces. Built in 1982 with regular improvements, the portfolio enjoys 100% occupancy, generating a strong NOI of $151,854 and a 9.49% cap rate. All units feature newer roofs and exterior finishes of vinyl, hardiplank, or brick. One fourplex has a garage currently used for storage
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Youngsville
- County
- Lafayette Parish
- State
- Louisiana
- Longitude
- -91.9906
- Latitude
- 30.0925