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 buildings, 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.
Closed
Price Unknown
200 Progressive Blvd, Houma, LA 70360
10beds
5,659sqft
Multi Family, Apartment
Built in 2010
-- sqft lot
$692,500 Zestimate®
$--/sqft
$1,146 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 20, 2025 at 11:55am
Listed by:
Lauren Buras 985-981-7857,
Elite Real Estate Advisors
Bought with:
Katina Adams
CHT Group Real Estate, LLC
Source: GSREIN,MLS#: 2478912

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 6
- 1/2 bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: In Unit
Interior area
- Total interior livable area: 5,659 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1.79 Acres
- Dimensions: 256 x 195 x 259 x 167
- Features: 1 to 5 Acres, City Lot, Rectangular Lot
Details
- Parcel number: 9758
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Apartment
Materials
- Brick, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- Very Good Condition
- Year built: 2010
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Houma