1406 Acadian Dr Houma, LA 70363

Multi-Family (2-4 Units) MLS #: 2024004805 Courtesy Of Fathom Realty LA LLC

$2,500,000

1.24 acres
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Estimated monthly payments: $10,928/mo.* (recalculate)

Property InformationDescription

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.

Features

  • Architecture Style: Other
  • Lot Size: 1.24 Acres
  • Roof Type: Unknown

MAP & DIRECTIONS

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1406 Acadian Dr, Houma, LA 70363
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School Information

1406 Acadian Dr, Houma, LA 70363

Elementary School
Grades PK-4 | Public School
ACADIAN ELEMENTARY SCHOOL
Houma, LA 70363
1020 Saadi St
985.­876.0612
Distance: 0.5 mi
School Rating
B+
Student:Teacher Ratio
18:1
Total Students
669
Elementary School
Grades 5-8 | Public School
OAKLAWN MIDDLE SCHOOL
Houma, LA 70363
2215 Acadian Dr
985.­872.3904
Distance: 1.4 mi
School Rating
B-
Student:Teacher Ratio
17:1
Total Students
700
Middle School
Grades 5-8 | Public School
OAKLAWN MIDDLE SCHOOL
Houma, LA 70363
2215 Acadian Dr
985.­872.3904
Distance: 1.4 mi
School Rating
B-
Student:Teacher Ratio
17:1
Total Students
700
High School
Grades 9-12 | Public School
ELLENDER MEMORIAL HIGH SCHOOL
Houma, LA 70363
3012 Patriot Dr
985.­868.7903
Distance: 2.2 mi
School Rating
C
Student:Teacher Ratio
20:1
Total Students
954
Other Nearby Schools Distance Type Grades School Rating
Honduras Elementary School 0.2 mi Public PK-4 B+
Legion Park Elementary School 1.5 mi Public PK-6 A-
School For Exceptional Children 1.6 mi Public PK-12
Houma Christian School 1.7 mi Private KG-12
St Gregory Barbarigo School 1.7 mi Private PK-7
Terrebonne High School 2.1 mi Public 10-12 A
Houma Junior High School 2.1 mi Public 7-9 C+
Maria Immacolata Catholic School 2.2 mi Private PK-7
Southdown Elementary School 2.3 mi Public PK-6 B
Mulberry Elementary School 2.3 mi Public PK-6 A
Louis Miller Terrebonne Career And Technical High School 2.3 mi Public 9-12
Vandebilt Catholic High School 2.8 mi Private 8-12
Grand Caillou Middle School 2.9 mi Public 5-8 B-
Village East Elementary School 3.1 mi Public PK-6 A-
Lisa Park Elementary School 3.1 mi Public PK-6 A-
Broadmoor Elementary School 4.0 mi Public PK-6 A+
Bayou Blue Upper Elementary School 4.1 mi Public 3-5
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Houma, LA 70363

Median Age: 36.8
Married: 38%
Number of Households: 8,629
Households with Children: 40.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 Bayou Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.