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Youngsville Investment Portfolio

8 Multifamily Properties Offered at £1,252,585 in Youngsville, LA

INVESTMENT HIGHLIGHTS

  • Rents are below market rate!
  • Always rented!
  • Newer roofs on all units!

EXECUTIVE SUMMARY

Recently pressure washed and with fresh paint on the exteriors, this investment package in Youngsville offers a unique opportunity with 2 duplexes and 6 fourplexes, all within two blocks of downtown, and generally 100% occupancy. The properties feature newer roofs, with a mix of vinyl, hardiplank, or brick siding. The large fourplex includes a garage currently used for property management storage. All apartments are 1-bedroom, 1-bath, except for 107 Guillot, which includes various unit types (1br/1.5ba, 2br/1ba, and two 2br/2ba). The properties are located in an X flood zone, and rent rolls and expenses are available for review. The landlord covers water for 107 Guillot (one water meter), while the others are individually metered. The package includes the following addresses: 104 Briarcliff, 205 Guillot, 103 Brutus, 106 Briarcliff, 107 Guillot (with washer/dryer hookups), 102 Briarcliff, 145 Guillot, and 100 Briarcliff.

PROPERTY FACTS

Price £1,252,585
Price / SF £70.46 / SF
Net Initial Yield 9.64%
Sale Type Investment
Status Active
Number of Properties 8
Individually For Sale 0
Total Building Size 17,776 SF
Total Land Area 0.44 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
106 Briarcliff Dr, Youngsville, LA 70592 Multifamily 1,600 SF 1982 -
102 Briarcliff Dr, Youngsville, LA 70592 Multifamily 800 SF 1982 -
145 Guillot Rd, Youngsville, LA 70592 Multifamily 4,938 SF 1982 -
100 Briarcliff Dr, Youngsville, LA 70592 Multifamily 700 SF 1982 -
107 Guillot Rd, Youngsville, LA 70592 Multifamily 4,938 SF 1982 -
103 Brutus Dr, Youngsville, LA 70592 Multifamily 1,600 SF 1982 -
205 Guillot Rd, Youngsville, LA 70592 Multifamily 1,600 SF 1982 -
104 Briarcliff Dr, Youngsville, LA 70592 Multifamily 1,600 SF 1982 -
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  • Listing ID: 33663674

  • Date on Market: 28/10/2024

  • Last Updated:

  • Address: Youngsville Investment Portfolio, Youngsville, LA

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