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
Broker of Record
Steve Greer
First Vice President Investments