This 14-unit, 21 door rental portfolio consist of 2 - fourplexes, 1 - duplex and 11- single family homes around the Lafayette area with a gross monthly income of $12,550. These rental properties boost a 100% occupancy rate, and 24% cash-on-cash return. All the homes have had some level of renovation completed, 3 of which have been completely renovated. Due to the high level of rental demand in Acadiana, non-structural renovation projects were prioritized. According to the latest census, Lafayette is the 17th fastest growing city in the US, and demand for single family rentals is at an all-time high. Additionally, much of the rental portfolio has been managed by a third party management company. Don't miss out on a turnkey rental portfolio! No showings allowed until approved contract.

The manager has listed the unit size as 20000 square feet.