1300 W University Ave, Lafayette, LA 70506

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Phillip B.

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Building Details:

• Year Built: 1971

1300 W University Ave is a mixed-use property for lease in Lafayette, LA.

Magnolia Apartments is a centrally located Garden Style Apartment complex near the UL campus and Downtown Lafayette. There are a total of 26 units. The unit mix consists of 14 One Bedroom units and 12 Two Bedroom units. Most have been updated over the past year which includes wood laminate and/or Ceramic Tile Flooring, New HVAC Units and plumbing and/or lighting fixtures. This property has a history of high occupancy due to its location and close proximity to retail, food and travel routes. There is an onsite laundry facility which brings in extra income.See Marketing Package in Document section for more details and Cash Flow Analysis.

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