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102 W TELJEAN RD
LAFAYETTE, LA 70506-9208
Asking Price
$180K
Asset Type
Residential Land
Class
Class B
What's Special
Prime opportunity to own land on off of Johnston Street! <p><span style="color: rgba(0, 0, 0, 1)">Prime opportunity to own land on off of Johnston Street! This nearly 1-acre corner lot offers excellent visibility and high traffic exposure in a rapidly growing area between Acadiana Mall and Maurice. Zoned for residential/commercial mixed use, the property is ideal for multifamily development, retail, office space, medical, professional services, or other commercial ventures. Existing house and barn comes with land on the property, but is being sold wit
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NOI
$80,000
Cap Rate
44.44%
DSCR
7.49
Strong
Cash-on-Cash
128.36%
Monthly Payment
$890.542
Annual Cash Flow
$69,313.499
