- For Sale $1,785,700
- Property Type Multi-Family
- Property Size 21,684 SF
- Units 24
- Lot Size 1.73 Acre
- Property Tenancy Multi-Tenant
- Date Updated Jun 6, 2026
Description
Northeast side of Teresa Drive, St. Martinville, St. Martin Parish, Louisiana24 Unit Apartment Complex For Sale
- Twelve (12) 2 Bedroom, 1 Bath units @ 840 SF each
- Twelve (12) 1 Bedroom, 1 Bath units @ 720 SF each
- Approximately 0.86 additional acres included could be used for additional apartments
- Has laundry facility on site
- NOI is $125,000.00, (7% CAP)
- Stays fully leased
- Flood Zone "X' - no flood
- Also available, 136-Unit Mini-Storage Facility
Highlights
- 24 Unit Apartment Complex For Sale
- Also available, 136-Unit Mini-Storage Facility
- Approximately 0.86 additional acres included could be used for additional apartments
- Flood Zone "X' - no flood
- Has laundry facility on site
- NOI is $125,000.00, (7% CAP)
- Stays fully leased
- Twelve (12) 1 Bedroom, 1 Bath units @ 720 SF each
- Twelve (12) 2 Bedroom, 1 Bath units @ 840 SF each
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Contacts
Mike Stinson, CCIM
Saurage Rotenberg Commercial Real Estate
Location
Located at 111, 121, 131 Teresa Dr., Saint Martinville, LA 70582, this property is part of the St. Martinville neighborhood and Lafayette Lake Charles market.
Contact Listing Broker
Mike Stinson, CCIM
Saurage Rotenberg Commercial Real Estate