For Sale
$5,800,000

0 Armentine CvBreaux Bridge, LA 70517

40 Single-Family Homes, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a portfolio of 40 single-family homes located in Breaux Bridge, Louisiana, at Armentine Cove. Built in 2006 and renovated in 2020, these charming brick homes each boast 2-car garages and offer a combined 46,288 square feet of net rentable space. Currently enjoying 100% occupancy, the property generates substantial monthly rental income. The homes feature recently replaced roofs (2020), ensuring long-term durability and minimizing maintenance concerns. Situated on a single, peaceful road, this exclusive community provides a cohesive and tranquil environment for residents. The property is zoned residential and offers a compelling price per unit of $145,000, with an overall asking price of $5,800,000. This stabilized investment presents a rare opportunity to acquire a well-maintained, high-performing rental portfolio in a desirable location. The property's strong occupancy rate, coupled with its recent renovations and attractive location, makes it an ideal addition to any investor's portfolio. The individual homes are all single-story buildings. This is a turnkey investment opportunity with significant potential for future growth and appreciation.

Highlights

  • 40 single-family detached brick homes with double car garages, built in 2006.
  • All homes feature 4-year-old roofs.
  • 100% occupancy rate.
  • Exclusive, single-road neighborhood offering a peaceful community.

Property Details for 0 Armentine Cv

Property type
Residential income homes
Square Feet
46,288 SF
Class
B
Year Built/Renovated
2006/2020
Buildings
40
Stories
1
Units
40

Location Insight

City
Breaux Bridge
County
St. Martin Parish
State
Louisiana
Latitude
30.283995624386
Longitude
-91.90995600581
Armentine Cv, Breaux Bridge, Louisiana

FAQs

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0 Armentine Cv
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