40 Unit Apartment Complex For Sale Houma

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30130942
Status: Pending/Contingent
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: $1,250,000
Unit Price: $31,250 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: 6/19/2019

Overview / Comments

Perfect Apartment Investment Opportunity!!! Of the 24 vacant units, 1 unit is used as storage and another unit is used as an office – both can be rented as an apartment. Purchaser to verify all information. Please call agent for any additional information.

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Tax ID/APN: R03-12888
Percent Occupied: 40%
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

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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
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