303 Cougar Ridge

$419,900
Price
4
Beds
2,400 Sq. Ft.
$175 / Sq. Ft.
2,400
Sq. Ft.
$175
per Sq. Ft.

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...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.
  1. Listed by Teresa W Rainey • Brokerage DRE #995694725 • Real Broker, LLC
    P: (337)-366-1454 C: (337)-366-1454 teresajpastor@gmail.com
  2. Listed by Jill Tyrone • Brokerage DRE #995694725 • Real Broker, LLC
    P: (337)-258-3500 C: (337)-258-3500 jillstyrone@gmail.com

Property Details for 303 Cougar Ridge

Subdivision Name
Oakcreek
Zoning
unincorperated
LISTING UPDATED: 12/14/2025 10:05 AM

Property Details for 303 Cougar Ridge

StatusActive
MLS #24007073
Days on Market504
Taxes-
HOA Fees$600 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built-
Lot Size0.19 AC / 8,280 SF
CountyLafayette Parish

Location

Listing Courtesy of Real Broker, LLC
Add your commute

Building Information for 303 Cougar Ridge

Stories2Residences8Year Built-Building Size-Lot Size0.19 AC / 8,280 SF

Payment Calculator

$2,292 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,075

Property Taxes

$167

HOA Dues

$50

The Payment Calculator is for illustrative purposes only.

Property Information for 303 Cougar Ridge

Summary
Location and General Information
  • City: Lafayette
  • Coordinates: -92.005127, 30.170012
  • 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.
  • Latitude: 30.170012
  • Longitude: -92.005127
  • MLS Area Major: O
  • Absolute Longitude: 92.005127
Parking
  • Carport YN: No
  • Garage YN: No
  • Parking Features: Parking Lot
  • Parking Total: 16.0
Taxes and HOA
  • Association Fee: $150
  • Association Fee Frequency: Quarterly
  • Association YN: Yes
  • Tax Legal Description: LOT 63 OAKCREEK SUB EXT 2(60X137.75X60.01X138.01)
  • Tax Lot: 62
School Information
  • Elementary School: Drexel
  • Elementary School District: Lafayette Parish
  • High School: Comeaux
  • High School District: Lafayette Parish
  • Middle Or Junior School: Broussard
  • Middle Or Junior School District: Lafayette Parish
Property
Lot Information
  • Building Area Source: Appraiser
  • Building Area Total: 4800.0
  • Building Area Units: Square Feet
  • Living Area: 2400.0
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1901
  • Lot Size Area: 8280.0
  • Lot Size Dimensions: 60 x 138
  • Lot Size Square Feet: 8280.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Number Of Buildings: 1.0
  • Number Of Units Leased: 4.0
  • Number Of Units Total: 8.0
  • Occupant Type: Tenant,Unit 1(Tenant),Unit 2(Tenant),Unit 3(Tenant),Unit 4(Tenant)
  • Other Equipment: Individual Meter
  • Parcel Number: 6014059
  • Property Condition: Resale
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Approximate Age / Env Hazard: 41 - 50 Years
  • Property Type: B
  • Mineral Rights: Conveyed
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame, Other Siding, Wood Siding
  • Exterior Features: Lighting
  • Fencing: None
  • Roof: Composition
  • Stories: 2.0
Interior Features
  • Appliances: Electric Range, Refrigerator
  • Bathrooms Full: 3.0
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3.0
  • Bedrooms Total: 4.0
  • Cooling: Central Air,Other, AC Unit(s)
  • Cooling YN: Yes
  • Flooring: Carpet, Other, Vinyl Plank, Vinyl
  • Foundation Details: Slab
  • Heating: Central,Electric,Other, Heat Unit(s)
  • Heating YN: Yes
  • Interior Features: Walk-In Closet(s), Unit 1(Walk-in Closet), Unit 2(Walk-in Closet), Unit 3(Walk-in Closet), Unit 4(Walk-in Closet)
Multi Family
Income & Expenses
  • Gross Income: $60,000
  • Insurance Expense: $5,300
  • New Taxes Expense: $2,000
  • Income & Expenses: Current Monthly Income: $5,000
  • Income & Expenses: Current Occupancy %: $100
Rental
Rent Information
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity
  • Total Actual Rent: $2,490

Property History for 303 Cougar Ridge

DateEvent & SourcePriceAppreciation
Dec 14, 2025

Price Change

RAA #24007073

$419,900—
Nov 17, 2025

Price Change

RAA #24007073

$429,900—
Oct 3, 2025

Price Change

RAA #24007073

$439,900—
Sep 3, 2025

Price Change

RAA #24007073

$449,900—
Aug 28, 2025

Price Change

RAA #24007073

$463,500—
Aug 18, 2025

Listed (Active)

RAA #24007073

—
Jul 30, 2025

Contract Signed

RAA #24007073

—
Sep 12, 2024

Price Change

RAA #24007073

$465,000—
Jul 26, 2024

Listed (Active)

RAA #24007073

$475,000—
DateEvent & SourcePrice
12/14/2025

Price Change

RAA #24007073

$419,900
11/17/2025

Price Change

RAA #24007073

$429,900
10/03/2025

Price Change

RAA #24007073

$439,900
09/03/2025

Price Change

RAA #24007073

$449,900
08/28/2025

Price Change

RAA #24007073

$463,500
08/18/2025

Listed (Active)

RAA #24007073

—
07/30/2025

Contract Signed

RAA #24007073

—
09/12/2024

Price Change

RAA #24007073

$465,000
07/26/2024

Listed (Active)

RAA #24007073

$475,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 303 Cougar Ridge

Taxable ValueLand$2,504Additions$20,155Total$22,659
Tax Record2024$2,001 ($167 / month)
Home Facts
Beds0Lot Size8,276 SqFtStyleTownhouseYear Built1860CountyLAFAYETTEAPN6014059

Schools near 303 Cougar Ridge

This home is within Lafayette Parish School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Ernest Gallet Elementary School
PublicPK to 5

Katharine Drexel Elementary School
PublicPK to 5

Broussard Middle School
Public6 to 8

O. Comeaux High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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303 Cougar Ridge is a multi-family home for sale in Lafayette, LA 70508. This property was listed for sale on July 26, 2024 by Real Broker, LLC, it's currently listed at $419,900. This listing's school district is Lafayette Parish School District. Nearby schools include Ernest Gallet Elementary School, Katharine Drexel Elementary School and Broussard Middle School. 303 Cougar Ridge is a 4-bed, 3-bath, 2,400 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, LLC

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