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Investment opportunity in The Plantation with a tenant already in place, currently leased at $1,300 per month through 9/30/2027 for a 6.94% cap rate. The tenant has lived in the unit for 8 years and is willing to end the lease early if necessary, but would like to stay through at least the end of May 2027. The roof was replaced in 2022 and the water heater in 2025. A complete interior renovation about 9 years ago brought engineered wood flooring, granite countertops in the kitchen and both bathrooms, and stainless steel appliances. The living room has a vaulted ceiling, and the kitchen opens to the dining area. Outdoor features include a private fenced patio and a covered carport. Tenant occupied, so showings are by appointment only with 24 hour notice. Income and expense spreadsheets are available to interested buyers.
| DAYS ON MARKET | 1 | LAST UPDATED | 10/14/2026 |
|---|---|---|---|
| TRACT | The Plantation | YEAR BUILT | 1986 |
| COMMUNITY | G1 | COUNTY | Lafayette |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Cpl. M. Middlebrook |
|---|---|
| Jr. High School | Paul Breaux Middle |
| High School | Comeaux |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Grounds, Trash |
| APPLIANCES | Dishwasher, Disposal, Electric Range, Refrigerator |
| AREA | G1 |
| CONSTRUCTION | HardiPlank Type |
| HEAT | Central |
| HOA DUES | 990 |
| INTERIOR | Granite Counters, High Ceilings |
| LOT | 1742 sq ft |
| LOT DESCRIPTION | Landscaped |
| LOT DIMENSIONS | 18 x 106 |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | The Plantation |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Epique Realty
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