Map of Property

Well-Maintained 62-Unit Multifamily Portfolio

For Sale

815, 816, 822 Martin Luther King Junior Dr, Lafayette, LA 70501

This Lafayette property for sale is located at 815, 816, 822 Martin Luther King Junior Dr. The current listed sale price for Well-Maintained 62-Unit Multifamily Portfolio is $3,800,000.

Contacts

Benji Azar

ELIFIN®

Property Details

  • Property Type Multi-Family
  • Property Size 62 SF
  • Units 62
  • Date Updated Sep 23, 2026
-815, 816, and 822 Martin Luther King Jr Dr offer a 62-unit multifamily portfolio across 20 buildings in Lafayette. The two properties are positioned directly across the street from one another. Landfair Complex (815) is 38 two-bedroom garden units averaging 873 SF. Beau Soleil (816, 822) is a larger-format product: fifteen 3BR/2BA at 1,303 SF, five 4BR/2BA at 1,453 SF, and four 2BR/1BA at 816 SF: a 1,017 SF portfolio average." Nine of 62 units are vacant and roughly a dozen more are on expired or month-to-month leases. A new operator can reprice or fill a third of the portfolio in year one without waiting out lease terms. Located ±2 minutes from I-49, the properties provide convenient access throughout Lafayette. Nearby amenities include the Martin Luther King Recreation Center, Parkway Plaza Shopping Center, and more.
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Getting around

  • 52/100

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  • 66/100

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Location

  • City Lafayette, LA
  • Zip Code 70501
  • Market Lafayette Lake Charles

Points of Interest

  • Lafayette

    1.64 miles

  • Acadiana Courier Tux & Limo

    4.35 miles

  • Shell

    0.52 miles

  • Valero

    0.62 miles

  • Speedway

    0.71 miles

  • Texaco

    1.70 miles

  • Exxon

    1.71 miles

  • RaceTrac

    2.13 miles

  • Tesla Supercharger

    2.14 miles

  • Tobacco Plus

    2.45 miles

  • ChargePoint

    2.56 miles

  • Parking Garage

    1.73 miles

  • Temporary Nature Station Preserve and Trails Parking

    1.84 miles

  • Nature Station Visitor Parking

    2.07 miles

  • Lafayette Regional Airport Parking Lot

    3.25 miles

  • The Bayou Church Parking

    6.03 miles

  • Lake Martin North Car Park

    6.64 miles

  • Lake Martin Visitor Center Parking

    8.00 miles

  • Copperfield Estates/South & the Village pool

    9.75 miles

  • Holiday Inn & Suites Lafayette North

    0.44 miles

  • Rodeway Inn Lafayette

    0.48 miles

  • Howard Johnson by Wyndham Lafayette

    0.50 miles

  • BEST WESTERN Lafayette Inn

    0.51 miles

  • Fairfield Inn & Suites Lafayette I-10

    0.55 miles

  • La Quinta Inn by Wyndham Lafayette North

    0.61 miles

  • Baymont by Wyndham Lafayette Airport

    0.64 miles

  • laQuinta

    0.64 miles

  • Super 8 by Wyndham Lafayette LA

    0.65 miles

  • Days Inn By Wyndham Lafayette/University

    0.66 miles

  • Super 1 Foods

    0.54 miles

  • Shoppers Value Foods

    1.34 miles

  • JCPenney

    1.86 miles

  • Ross

    1.91 miles

  • Target

    1.93 miles

  • ALDI

    2.23 miles

  • Rouse's

    2.91 miles

  • Bismillah Groceries and Kitchen

    3.19 miles

  • Piggly Wiggly

    4.09 miles

  • Albertsons

    4.67 miles

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