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1406 Acadian Dr Houma, LA 70363
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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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