303 Cougar Ridge, Lafayette, LA 70508
$439,900
Property Type:
MultiFamily
Square Footage:
4,800
Status:
Active
Current Price:
$439,900
List Date:
8/18/2025
Last Modified:
10/03/2025
Description
*Tenant occupied property. Accepted offer/proof of funds required prior to showings. 48 notice required*
Turnkey 8-Unit Apartment Complex - Fully Occupied in Prime Lafayette Location. Welcome to a superb investment opportunity in Lafayette, LA! This newly refreshed 8-unit apartment complex, situated in a highly desirable area, is fully occupied and ready to generate steady income. Each 600 sqft studio apartment features 1 bedroom and 1 bath, bringing in an average of $625/month. The complex is completely turnkey, with most units upgraded with new breaker panels, AC units, fresh paint, new toilets, updated plumbing, vinyl flooring, and new appliances. Designed for low-maintenance, this property promises hassle-free management and immediate cash flow. Located near shopping, dining, and entertainment, it ensures high tenant demand and consistent occupancy. Don't miss out on this oppurtunity.
Supplements: ********
More Information MLS# 24007073
Listing Info
Delayed Marketing: No
List Price/SqFt: 91.65
Seller Willing to Sell Separately?: No
Document Modified: 2024-07-27 10:17:58.100332
Status: Active
Listing Date: 2024-07-26
Listing Price: 439900
Current Price: $439,900
Type: Multi Family
Modification Timestamp: 2025-10-03T13:49:25Z
Photo Modified: 2024-07-26T20:57:45Z
Location, Tax & Legal Info
School District: Lafayette Parish
Legal Desc: LOT 63 OAKCREEK SUB EXT 2
(60X137.75X60.01X138.01)
General Property Description
Approximate Age: 41 - 50 Years
Lot Dimensions: 60x138
Stories: 2
# Elevators: 0
# Buildings: 1
SqFt - Total: 4800
SqFt - Source: Appraiser
Total Parking Spaces: 16
# Heat Units: 8
# AC Units: 8
Individual Metered?: Yes
Mineral Rights: Conveyed
Assn Fee: Required
Assn Fee $: 150
Assn Fee Terms: Quarterly
Number of Units: 8
Remarks & Misc
Remarks: *Tenant occupied property. Accepted offer/proof of funds required prior to showings. 48 notice required*
Turnkey 8-Unit Apartment Complex - Fully Occupied in Prime Lafayette Location. Welcome to a superb investment opportunity in Lafayette, LA! This newly refreshed 8-unit apartment complex, situated in a highly desirable area, is fully occupied and ready to generate steady income. Each 600 sqft studio apartment features 1 bedroom and 1 bath, bringing in an average of $625/month. The complex is completely turnkey, with most units upgraded with new breaker panels, AC units, fresh paint, new toilets, updated plumbing, vinyl flooring, and new appliances. Designed for low-maintenance, this property promises hassle-free management and immediate cash flow. Located near shopping, dining, and entertainment, it ensures high tenant demand and consistent occupancy. Don't miss out on this oppurtunity.
Office/Member/Contract Info
REO: No
List AOR: RAA
Siding
Wood: 1
Other: 1
Parking
Parking Lot: 1
Equipment
Cable Available: 1
individual Meter: 1
Construction
Frame: 1
Foundation
Slab: 1
Exterior
Outside Light: 1
Roof
Composition: 1
Heating
Central: 1
Electric: 1
Other: 1
Interior
Walk-In Closet(s): 1
Cooling
Central Air: 1
Other: 1
Flooring
Carpet: 1
Vinyl Plank: 1
Vinyl Sheet: 1
Other: 1
Sewer
Public Sewer: 1
Sewer Company: LUS
Water Source
Public: 1
Water Company: LUS
Appliances
Electric Range: 1
Refrigerator: 1
Unit 1
# Units: 1
Beds: 1
Full Baths: 1
SqFt: 600
Rent/Mo: 625
Occupant: Tenant
Unit 1 Features
Walk-in Closet: 1
Unit 2
# Units: 2
Beds: 1
Full Baths: 1
SqFt: 600
Rent/Mo: 625
Occupant: Tenant
Unit 2 Features
Walk-in Closet: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Fencing
None: 1
Unit 3
# Units: 3
Beds: 1
Rent/Mo: 615
Occupant: Tenant
SqFt: 600
Lot
Level: 1
Unit 3 Features
Walk-in Closet: 1
Unit 4
# Units: 4
Beds: 1
Full Baths: 1
SqFt: 600
Rent/Mo: 625
Occupant: Tenant
Unit 4 Features
Walk-in Closet: 1
Financing
Cash: 1
Conventional: 1
Private Banking: 1
Other: 1
Owner Pays
Sewer: 1
Trash: 1
Water: 1
Tenant Pays
Broadband/Internet Access: 1
Cable/Sat TV: 1
Electric: 1
Originating Details
Originating System ID: M00000300
Originating System Key: 20240726172207021682000000
Originating System Listing ID: 24007073
Originating System Name: RAA Flex
Location Tax Legal Info
Street Number: 303
Street Name: Cougar
St Suffix: Ridge
Parish: Lafayette
State: LA
Zip Code: 70508
Subdivision: Oakcreek
Area: O
Tax Assessment Number: 6014059
Zone: unincorperated
Elementary School: Drexel
Middle School: Broussard
High School: Comeaux
Directions: Take Verot School Road, heading north. Turn right onto Pillette Road. Turn left onto Fox Run Ave.Turn left to stay on Fox Run Ave. Turn left to stay on Fox Run Ave. Turn right onto Badger Trail. Turn right onto Cougar Ridge. Complex will be on the left.
Property Features
Siding: Wood; Other
Parking: Parking Lot
Construction: Frame
Foundation: Slab
Roof: Composition
Heating: Central; Electric; Other
Cooling: Central Air; Other
Interior: Walk-In Closet(s)
Flooring: Carpet; Vinyl Plank; Vinyl Sheet; Other
Appliances: Electric Range; Electric Range; Refrigerator
Unit 1 Features: Walk-in Closet
Unit 2 Features: Walk-in Closet
Unit 3 Features: Walk-in Closet
Unit 4 Features: Walk-in Closet
Equipment: Cable Available; individual Meter
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Exterior: Outside Light
Lot: Level
Fencing: None
Owner Pays: Sewer; Trash; Water
Tenant Pays: Broadband/Internet Access; Cable/Sat TV; Electric
Sewer: Public Sewer
Water Source: Public
Financing: Cash; Conventional; Private Banking; Other
Documents
Disclosures ›Listing Office: Real Broker, LLC
Last Updated: October - 03 - 2025
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.