24-Unit Apartment Complex w/ Additional Land

For Sale

111, 121, 131 Teresa Dr., Saint Martinville, LA 70582

This Saint Martinville property for sale is located at 111, 121, 131 Teresa Dr.. The current listed sale price for 24-Unit Apartment Complex w/ Additional Land is $1,785,700. 24-Unit Apartment Complex w/ Additional Land is situated on a lot that is 1.73 acre in size.

Contacts

broker
Mike Stinson, CCIM

Saurage Rotenberg Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 21,684 SF
  • Units 24
  • Lot Size 1.73 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Jul 28, 2025
Northeast side of Teresa Drive, St. Martinville, St. Martin Parish, Louisiana24 Unit Apartment Complex For Sale - Twelve (12) 2 Bedroom, 1 Bath units @ 840 SF each - Twelve (12) 1 Bedroom, 1 Bath units @ 720 SF each - Approximately 0.86 additional acres included could be used for additional apartments - Has laundry facility on site - NOI is $125,000.00, (7% CAP) - Stays fully leased - Flood Zone "X' - no flood - Also available, 136-Unit Mini-Storage Facility
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Highlights

  • 24 Unit Apartment Complex For Sale
  • Also available, 136-Unit Mini-Storage Facility
  • Approximately 0.86 additional acres included could be used for additional apartments
  • Flood Zone "X' - no flood
  • Has laundry facility on site
  • NOI is $125,000.00, (7% CAP)
  • Stays fully leased
  • Twelve (12) 1 Bedroom, 1 Bath units @ 720 SF each
  • Twelve (12) 2 Bedroom, 1 Bath units @ 840 SF each

Getting around

  • 42/100

    Walk Score ®

  • 39/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Saint Martinville, LA
  • Neighborhood St. Martinville
  • Zip Code 70582
  • Market Lafayette Lake Charles

Points of Interest

  • Chevron

    0.62 miles

  • Texaco

    1.09 miles

  • Exxon

    1.21 miles

  • Valero

    1.85 miles

  • Murphy USA

    7.25 miles

  • Shell

    7.42 miles

  • Lake Martin Visitor Center Parking

    6.21 miles

  • Lake Martin North Car Park

    8.11 miles

  • Bayou Landing

    9.91 miles

  • Hampton Inn Broussard-Lafayette Area

    7.42 miles

  • Heritage Inn and Suites

    7.99 miles

  • Live Oak Inn

    8.36 miles

  • The Bayou Chateau

    9.45 miles

  • Chateau Royale

    9.45 miles

  • St. Peter House

    9.51 miles

  • Le Rosier Country Inn

    9.61 miles

  • Estorge-Norton House Bed & Breakfast

    9.70 miles

  • Walmart Supercenter

    7.24 miles

  • Albertsons

    7.55 miles

  • M&A Safety Services

    9.24 miles

  • BI-LO

    9.78 miles

  • Fremin's

    9.82 miles

  • Walmart Neighborhood Market

    9.91 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Mike Stinson, CCIM

Saurage Rotenberg Commercial Real Estate

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