321 S Academy ST new Save Request In-Person Tour Request Virtual Tour
Opelousas,LA 70570
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2020023979
Bedrooms 8
Full Baths 4
Lot Size 0.440 Acres
Property Sub-Type Multi Family
Property Description
Presenting a fantastic investment opportunity in a prime location! This 5-unit apartment complex is conveniently situated near I-49, within walking distance to stores and restaurants, making it an appealing choice for tenants seeking convenience and accessibility.Currently, the units are being rented below market value, presenting a golden opportunity for increased monthly yields. With a bit of strategic management, you can maximize profits and enhance the overall value of this property. This potential for growth is a significant advantage for savvy investors.The complex is located on a corner lot, providing not only visibility but also ample space for expansion. There's room to add additional units, further increasing your investment potential. Imagine the possibilities of developing more rental spaces to cater to the growing demand in the area!This apartment complex is not just a property; it's a stepping stone to greater financial growth. With its strategic location, under-market rentals, and expansion possibilities, this investment opportunity is one you won't want to miss!
Location
State LA
County St Landry
Direction I49 North exit Opelousas, go west on hwy 190 to Academy turn left. At the light on Academy and Vine the apartments will be straight ahead on the right of Academy facing Vine.
Interior
Interior Features Unit 2(Master Bedroom)
Heating Other,Heat Unit(s)
Cooling Window Unit(s),AC Unit(s)
Flooring Tile
Appliance Electric Range,Refrigerator,Electric Cooktop
Exterior
Fence Chain Link,Full
Roof Type Composition
Garage true
Building
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Call School Board
Middle Schools Opelousas
High Schools Opelousas