Houma, LA 70363,1406 ACADIAN DR
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Houma, LA 70363,1406 ACADIAN DR
Houma, LA 70363,1406 ACADIAN DR
Houma, LA 70363,1406 ACADIAN DR
Houma, LA 70363,1406 ACADIAN DR

$2,450,000

Est. payment /mo

$2,500,000

2.0%
Est.Price: ?

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1406 ACADIAN DR Houma, LA 70363

35,573 SqFt

SOLD DATE : 08/30/2024

Key Details

Sold Price $2,450,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 35,573 sqft

Price per Sqft $68

Subdivision Honduras Plantation

MLS Listing ID 2024004805

Sold Date 08/30/24

Construction Status 51-75 Years

Lot Size 1.240 Acres

Lot Dimensions 225 x 240

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

Parish Terrebonne

Area 10 East Houma (Below Industrial Canal)

Building

Construction Status 51-75 Years

Schools

School District Terrebonne Parish

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Listed by Fathom Realty LA, LLC

Melody Newman

Advisor | License ID: 995700483

+1(225) 288-0564

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