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Houma's Town & Country Real Estate
Licensed by the Louisiana Real Estate Commission
5958 West Main Street
Houma LA 70360 USA
(985)876-7013 Office
888-958-7653 (TF)
(985)876-0169 (F)
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Listing Details
MLS Number: 126828
List Price: $1,400,000
Street #: 1200
State: LA
Zip Code: 70301
Subdivision: ALL OTHERS
Legal Description: lots 1 & 2 Tract of Mihra Development
Lot Size: 245.86 X 262.17
# Efficiencies: 0
# 1 Bedrooms: 0
# 2 Bedrooms: 29
# 3 Bedrooms: 3
# 1 Baths: 32
# 1.5 Baths: 0
# 2 Baths: 0
# Furnished: 0
# Rented: 30
Total Sq Ft: 35999
Gross Living SqFt: 28662
Car Storage SqFt: 0
Porch SqFt: 0
Storage Misc SqFt: 7337
Gross Income: 273900
(Less) Electric: 6000
(Less) Water: 18000
(Less) Gas: 0
(Less) Trash: 3360
(Less) Total Owners Expense: 10000
(Less) Vacancy: 11000
(Less) Taxes: 14000
(Less) Insurance: 17642
(Less) Maintenance: 5500
(Less) Management: 30000
(Less) Other: 0
Net Income: 161440
Type/Stories: Apartments
Construction: Brick
Roof: Metal
Foundation: Slab
Flooring: Carpet & Other
Electric/Gas: Entergy Electric, None Gas
Heating/Cooling: Central Heating, Electric, Central Air, Electric
Water/Sewer: City Sewer, City Water
Gar/Crpt/Storage: Detached
Parking: Two Car Unit
Efficiency: None
One Bedroom: None
Two Bedroom: Refrigerator, One Bath, Range/Oven, Porch, Washer/Dryer Hookup
3+ Bedroom: Refrigerator, Balcony/Patio, One Bath, Range/Oven, Porch, Washer/Dryer Hookup
Amenities: Individual Laundry Facility, Paved Street
Tenant Expenses: Electric, Heating, Cable TV Expenses, Cooling
Occupancy Rate: 90-100%
Lease Information: Monthly, 1 Year
Owner Expenses: Water/Sewer, Electric, Trash Collection
Miscellaneous: Lafourche Parish, Total Electric
Area: 40
Public Remarks: Great investment property!!! Units are well kept and there are only three vacant units at the time. This property contains 29- 2 bedroom 1 bath units, and 3-3 bedroom 1 bath units. Each unit contains washer/dryer hookups. It has a metal roof. Seller is willing to owner finance with a large down payment.
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Listing Office City: Thibodaux
Listing Office State: LA