303 Cougar Ridge, Lafayette, LA 70508 (MLS# 2600006896)

303 Cougar Ridge, Lafayette, LA 70508

$399,000
Property Type: MultiFamily Square Footage: 4,800 Lot Size (sq. ft.): 8,276 Status: Pending
Current Price: $399,000 List Date: 7/27/2026 Last Modified: 9/23/2026

Overview

Description

Turnkey investment property with long-term tenants and optional built-in management services if needed, but not required. This 8-plex is bringing in $5,075 per month and $60,900 per year in rental income. It has been very well maintained and would make a great addition to your rental portfolio and future residual income plan. Full financials including lease copies, insurance cost estimates, property taxes, and expenses are available by request. This home is a part of a large portfolio of investment rental properties that are currently listed for sale with more homes will be coming available soon. Properties can be purchased individually or as a package. Please reach out for further details, about this property and others that are available.

Listing Details MLS# 2600006896

Listing Info

Delayed Marketing
No
Listing Price
399000
List Price/SqFt
83.13
Seller Willing to Sell Separately?
No
Type
Multi Family
Document Modified
2026-07-27 12:07:07.185798
Modification Timestamp
2026-09-23T13:17:05Z
Photo Modified
2026-07-27T17:07:07Z

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
Unincorporated
Elementary School
Drexel
Middle School
Broussard
High School
Comeaux
Directions
From Fox Run Ave., turn right onto Badger Trail, then right onto Cougar Ridge. The complex will be on the left.

General Property Description

Approximate Age
41 - 50 Years
Property Condition
Resale
Number of Units
8
Stories
2
# Buildings
Yes
SqFt - Total
4800
SqFt - Source
Approximate
Total Parking Spaces
16
# Heat Units
8
# AC Units
8
Individual Metered?
Yes
Lot Dimensions
60X137
Acres
0.19
Mineral Rights
Conveyed
Assn Fee
Required
Assn Fee $
450
Assn Fee Terms
Quarterly
# Elevators
0

Status Change Info

Under Contract Date
2026-08-02

Currently Not Used

Acreage Range
0 - 0.5

Unit 1

# Units
Yes
Beds
Yes
Full Baths
Yes
SqFt
600
Rent/Mo
625
Occupant
Tenant

More Information

Unit 2

# Units
2
Beds
Yes
Full Baths
Yes
SqFt
600
Rent/Mo
625
Occupant
Tenant

Unit 3

# Units
3
Beds
Yes
Full Baths
Yes
Rent/Mo
615
Occupant
Tenant
SqFt
600

Unit 4

# Units
4
Beds
Yes
Full Baths
Yes
SqFt
600
Rent/Mo
625
Occupant
Tenant

Sewer

Sewer Company
LUS
Public Sewer
Yes

Water Source

Water Company
LUS
Public
Yes

Originating Details

Originating System ID
M00000300
Originating System Key
20260716160019053646
Originating System Listing ID
2600006896
Originating System Name
RAA Flex

Location, Tax & Legal Info

Flood Zone
X
School District
Lafayette Parish
Legal Desc
LOT 63 OAKCREEK SUB EXT 2 (60X137.75X60.01X138.01)

Remarks & Misc

Remarks
Turnkey investment property with long-term tenants and optional built-in management services if needed, but not required. This 8-plex is bringing in $5,075 per month and $60,900 per year in rental income. It has been very well maintained and would make a great addition to your rental portfolio and future residual income plan. Full financials including lease copies, insurance cost estimates, property taxes, and expenses are available by request. This home is a part of a large portfolio of investment rental properties that are currently listed for sale with more homes will be coming available soon. Properties can be purchased individually or as a package. Please reach out for further details, about this property and others that are available.

Office/Member/Contract Info

REO
No

Siding

Wood
Yes
Other
Yes

Parking

Parking Lot
Yes

Equipment

Cable Available
Yes
individual Meter
Yes

Construction

Frame
Yes

Foundation

Slab
Yes

Exterior

Outside Light
Yes

Roof

Composition
Yes

Heating

Central
Yes
Electric
Yes
Other
Yes

Interior

Walk-In Closet(s)
Yes

Cooling

Central Air
Yes
Other
Yes

Flooring

Carpet
Yes
Vinyl Plank
Yes
Vinyl Sheet
Yes
Other
Yes

Appliances

Electric Range
Yes
Refrigerator
Yes

Unit 1 Features

Walk-in Closet
Yes

Unit 2 Features

Walk-in Closet
Yes

Security Features

Carbon Monoxide Detector(s)
Yes
Smoke Detector(s)
Yes

Fencing

None
Yes

Lot

Level
Yes

Unit 3 Features

Walk-in Closet
Yes

Unit 4 Features

Walk-in Closet
Yes

Financing

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
Private Banking
Yes

Owner Pays

Sewer
Yes
Trash
Yes
Water
Yes

Tenant Pays

Broadband/Internet Access
Yes
Cable/Sat TV
Yes
Electric
Yes

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: 1031 Exchange; Cash; Conventional; Private Banking
IDX
Listing Office: Real Broker, LLC
Last Updated: September - 23 - 2026
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.