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200 PROGRESSIVE BLVD Houma, LA 70360
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Key Details
Sold Price $700,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,659 sqft
Price per Sqft $123
MLS Listing ID 2478912
Sold Date 02/20/25
Style Other
Bedrooms 10
Full Baths 6
Half Baths 4
Construction Status Very Good Condition
HOA Y/N No
Year Built 2010
Lot Size 1.790 Acres
Acres 1.79
Property Sub-Type Apartment
Property Description
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.
Location
State LA
County Terrebonne
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry In Unit
Exterior
Parking Features Parking Lot
Pool None
Water Access Desc Public
Roof Type Asphalt
Building
Lot Description 1 to 5 Acres, City Lot, Rectangular Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Two
Construction Status Very Good Condition
Schools
Elementary Schools Please
Middle Schools Call
High Schools Board
Others
Tax ID 9758
Special Listing Condition None
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Bought with CHT Group Real Estate, LLC