1406 ACADIAN DR $2,500,000

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    1406 ACADIAN DR Houma, LA 70363

    • 0 Beds
    • 0 Baths
    • 35,573 sq. ft.
    • Multi-Family
    • MLS# 2024004805
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    Views: 5 Days On Site: 40

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    Property Details

    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.

    • General Features
      • Subdivision Honduras Plantation*
      • Area 10 East Houma (Below Industrial
      • Parish TERREBONNE
      • Subdivision1 Honduras Plantation*
    • Building Features
      • Apprx Age 51-75 Years
      • Apx Total Sqft 35,573
      • Heating Central Heat
      • Foundation Slab:Traditional Found
      • Water Sewer Public Sewer,Public Water
      • Number of Stories 2
      • Kitchen Features Cooktop: Electric,Dishwasher,Range/Oven,Refrigerator
    • Property Features
      • Acres 1.24

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $2,500,000
    3/22/2024 12:16:00 PM New in Database Source: Multiple Listing Service New Value: $2,500,000

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    The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the Bayou Board of REALTORS® Multiple Listing Service of Louisiana, Inc. Real estate listings held by brokerage firms other than RE/MAX Louisiana are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (State of Louisiana) and detailed information about them includes the name of the listing brokers. All information is deemed reliable but not guaranteed and should be independently verified.
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    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.