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.
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Reason for Selling:
Other Business Interests
- 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.