Skip to main content

Scroll Down

View Full Details


Southdown Pavilion

Houma, LA

200 Units

Built in 2005

Value Add

Investment Highlights

  • 200-Unit, Value-Add Asset Located in Secondary Market of Louisiana
  • Prominently Located in Houma, Situated 40 Miles Southwest of New Orleans
  • Loan Assumption Opportunity with 2.99% Interest Rate and Attractive Leverage
  • Strong Historical Performance: 95% Occupancy with 6.8% Rent Growth in Trailing 12 Months
  • Numerous Capital Projects Recently Completed, Leaving Minimal Deferred Maintenance
  • Situated in the Highly Ranked Terrebonne Parish School District and Feeds into Top Schools

Exclusively listed by

Related Research

Back to top

More Listings from Will Balthrope