Houma, LA 70363,1406 Acadian Dr
Houma, LA 70363,1406 Acadian Dr
Houma, LA 70363,1406 Acadian Dr
7
$2,500,000
$2,500,000
Est.Price: ?

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35,573 SqFt

1406 Acadian Dr Houma, LA 70363

Est. payment /mo
SOLD DATE : 03/22/2024

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Key Details

Sold Price $2,500,000

Property Type Multi-Family

Sub Type Apt Complex (5+ Units)

Listing Status Sold

Purchase Type For Sale

Square Footage 35,573 sqft

Price per Sqft $70

Subdivision Honduras Plantation

MLS Listing ID 2024004805

Lot Size 1.240 Acres

Property Description

Discover the potential of this 38-unit apartment complex, boasting (1) 1 bedroom & 1 bath in addition to (37) 2 bedroom & 1 bath residences all 100% occupied. Situated in a prime location, this property offers convenience to tenants while promising lucrative returns for investors. The parking lot, balcony, roof, front sign, pool area, HVAC system, and stairs were recently improved to provide a comfortable living experience for occupants. Each unit is equipped with a stainless steel refrigerator, oven stovetop, and dishwasher which enhance the quality of living. Construction highlights include a sturdy slab foundation plus copper piping and wiring which ensures durability and reliability. Electric meters are separate for each unit while water is included in the monthly rent. Easy access to amenities, schools, and public transportation increases appeal to prospective renters. This multi-family presents an exceptional investment opportunity, promising steady rental income, and long-term appreciation potential. Don't miss out on this investment opportunity and schedule a viewing today to explore the possibilities! Flood Zone X which means flood insurance isn't required.

Location

State LA

County Terrebonne

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Garage Spaces 75.0

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Terrebonne Parish

Middle Schools Terrebonne Parish

High Schools Terrebonne Parish

Others

Acceptable Financing Conventional, Private Financing Available

Listing Terms Conventional, Private Financing Available

Special Listing Condition As Is

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Listed by Fathom Realty LA, LLC

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agent

Jesse Benedetto

Agent

+1(225) 614-7885

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