40 Unit Apartment Complex For Sale Houma

Multi-Family for Sale
Catylist Listing ID: 30130942
Number of Units: 40 Units
Building Size (RSF): 46,080 SF
Gross Building Area: 39,680 SF
Gross Land Area: 70,721 SF
Sale Price: $2,500,000
Unit Price: $62,500 Per Unit
Property Use Type: Investment
Building Name: 3594 FRIENDSWOOD DRIVE
Usable Size (USF): 39,680 SF
Sale Terms: Undisclosed
Auction License Number: N/A
Cap Rate: Undisclosed
Last Updated: 11/9/2017

Overview / Comments

Perfect Apartment Investment Opportunity!!! Established apartment unit ready for your inverstment. Stove and refrigerator included in all units. Of the 15 vacant, 1 unit is used a storage and the other as an office but both can be rented again as an apartment. Please call agent for any additional information.

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Percent Occupied: 75%
Community Amenities: On-Site Maintenance
Property Located Between: Behind Rouses off of East Park and Propsect
Highway Access: HWY 90 Overpass
Airports: 5 minutes from Houma Airport
Total Number of Buildings: 12
Property Condition: Average
Number of Stories: 2
Construction/Siding: Brick
Parking Ratio: 240 (per 1000 SF)
Parking Type: Surface
Parking Description: 2 car spaces per unit
Total Parking Spaces: 80
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Package Unit
Interior Description: All neutral tones
Zoning Description: Mixed
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Please see attached

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,285 24,545 60,025
Median Age: 33.37 34.56 35.58
Households: 1,131 9,028 22,338


Photograph of Listing Agent

Mike Heck

Heck Realty
Houma, LA
LACDB Member
© Copyright Louisiana Commercial Database, LLC. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.