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Business For Sale

50 Duplex Units For Sale in Lafayette Suburb

Lafayette Suburb, LA

Services: Real Estate

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,205,000
$220,000
Not Disclosed
$143,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1988
Not Disclosed
646431421

Business Overview:

50 very nice duplex units for sale are located in a suburban area just outside Lafayette, Louisiana. Seller is stipulating that buyer cooperate in a 1031 Exchange. Units are always rented at full occupancy. In fact, rents have not been adjusted upwards in many years, so new owner can raise rents and increase revenues substantially. Buildings were constructed in 1988, and roofs were replaced 4 years ago. Units are well maintained and updated on an on-going basis. Duplexes are located on a major highway and surrounded by banks, restaurants and large grocery stores making the location convenient to tenants. Seller will promptly respond to all reasonable offers.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Other Business Interests

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.