10
See all 10 photos
$2,500,000
Est. payment /mo
121,075 SqFt
Pending
200 SOUTHLAND CIRCLE Houma, LA 70364
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UPDATED:
12/20/2024 09:37 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 121,075 sqft
Price per Sqft $20
Subdivision Bayou Gardens
MLS Listing ID 2024022159
Construction Status 41-50 Years
Lot Size 7.746 Acres
Lot Dimensions 603 x 904 x 656 x 350
Property Description
Investment property for sale in need of repair and renovation. Bayou Gardens Apartment Complex is a 116-unit, multi-family investment property located in Houma, LA that suffered damage in Hurricane Ida (2021). Some interior and exterior repairs were performed after Ida but the complex is being sold in as-is condition. The complex is currently vacated and unoccupied. There are 116-units housed within 14 separate, two-story buildings plus there is an inground pool, laundromat, and office. The unit breakout is: 32 One-Bedroom/One-Bathroom Units (~800 SF each), 20 Two-Bedroom/One and Half-Bathroom Townhouse Units (~1,000 SF each), 47 Two-Bedroom/Two-Bathroom Units (~1,100 SF each), and 17 Three-Bedroom/Two-Bathroom Units (~1,275 SF each). The site is 7.746 acres located in between St. Bernadette Catholic School and the Southland Mall. The entire property is located in Flood Zone X. Bayou Gardens Apartments are centrally located near many job and shopping opportunities. It is adjacent to Houma's MLK Retail Corridor and just minutes away from the U.S. Highway 90/Future I-49 Energy Corridor.
Location
State LA
Parish Terrebonne
Area 30 Houma (Hollywood Rd To New Hwy 90)
Building
Construction Status 41-50 Years
Schools
School District Terrebonne Parish
Listed by LOGAN H. BABIN REAL ESTATE