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Rare opportunity to acquire a well-positioned, income-producing multifamily portfolio in one of Lafayette's established and highly desirable areas. The properties offer an attractive combination of stable cash flow, strong location, and future value-add potential. The portfolio is currently 100% occupied and has a strong rental history, providing investors with an established income stream from day one. The 14-unit portfolio consists of two (2) 2-bedroom/1-bath units and twelve (12) 1-bedroom/1-bath units, offering a desirable mix of unit types for the local rental market. With limited comparable multifamily inventory currently available in the immediate area, this offering provides investors with an opportunity to acquire an established, income-producing portfolio that would be difficult to replicate in today's market. Agent/Owner
Features
Cooling System: Central Air
Heating System: Electric (Heating)
Heating System: Central
Legal Description: LOTS 28 29 BLK 16 COLLEGE PARK SUB LAND(6X50) AT REAR OF LOTS 28-29 BLK 16 COLLEGE PARK SUB NE 5 FT OF LOT 27 BLK