Listing Courtesy of: Lauren Buras - Elite Real Estate Advisors
985-542-7601
$750,000
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200 PROGRESSIVE Boulevard Houma, LA 70360
Apartment
Residence
10
Beds
10
Baths
Sq. Ft.
1.79
Acre
Lot
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days
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OWNER FINANCING AVAILABLE! This 6-unit apartment complex offers a mix of (2) single-story 1-bedroom/1-bath units and (4) two-story 2-bedroom/1.5-bath units. Each unit comes fully equipped with a stove/oven, refrigerator, and washer/dryer. The property has been permitted for three additional 6-unit b...uildings, allowing for expansion to a total of (24) units. The sale includes all land, existing improvements, and blueprints for the additional units. With approximately 36 parking spaces and long-term tenants maintaining a consistent 100% occupancy rate, this property provides a stable income stream. The site spans approximately 18,000 square feet, (0.41 acres) with an additional 60,331 square feet (1.385 acres) of extra land available for future development, making it an ideal investment for those looking to maximize growth potential.
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MLS#
2478912
Property Type
Apartment
Bedrooms
10
Bathrooms
6 Full/4 Half
Year Built
2010
Lot Size
1.79
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