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200 PROGRESSIVE Boulevard
Houma LA 70360 US

$750,000

Active Under Contract Listing ID 2478912
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Lot: 1.79 Acres
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Other

$750,000

Active Under Contract Listing ID 2478912
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200 PROGRESSIVE Boulevard 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.

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Property Features

  • Facts
  • Lot Size: 1.79 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Roof Type: Asphalt
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 750000
  • unparsedaddress: 200 PROGRESSIVE Boulevard
  • postalcity: Houma
  • stateorprovince: LA
  • country: US
  • postalcode: 70360
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.79
  • lotsizeunits: Acres
  • lotsizearea: 1.79
  • livingarea: 5659
  • livingareaunits: Square Feet
  • listagentfullname: Lauren Buras
  • listagentemail: Lauren@Elite-REA.com
  • listagentkey: 3yd-NOMARLA-bulauren
  • listagentmlsid: bulauren
  • listagentpreferredphone: 9855427601
  • listagentofficephone: 9855427601
  • listofficekey: 3yd-NOMARLA-LATE01
  • listofficemlsid: LATE01
  • disclaimer: Copyright © 2024 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NOMARLA
  • listingcontractdate: 2024-12-10
  • countyorparish: Terrebonne
  • constructionmaterials: Brick, Vinyl Siding
  • heating: Central Furnace
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: Century 21 Real Estate
  • architecturalstyle: Other
  • rooms: Laundry
  • entrylevel: 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"CLASSIC HOMES & PROPERTIES", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kdelatte@century21classic.com", "ListBrokerageCity":"Hammond", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Joey@latterblum.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"CLASSIC HOMES & PROPERTIES", "ListBrokeragePhone":"985-542-7601", "ListBrokeragePostalCode":"70401", "ListBrokerageStateOrProvince":"LA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"14454 UNIVERSITY AVE.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"14454 University Ave.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Hammond", "ListOfficeCountry":"US", "ListOfficeEmail":"Joey@latterblum.com", "ListOfficePostalCode":"70401", "ListOfficeStateOrProvince":"LA", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment Complex, Other - Houma, LA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/200-Progressive-Blvd_Houma_LA_70360_M89293-30361?f=listhub&s=NOMARLA&m=2478912&c=rexren", "MLSModificationTimestamp":"2024-12-20T14:37:26Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/20/2024 10:06:14 PM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Lauren Buras, Elite Real Estate Advisors , Lauren@Elite-REA.com

Copyright © 2024 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.