0 Armentine CvBreaux Bridge, LA 70517

Property Details for 0 Armentine Cv

Year built

2006

Property size (Sq ft)

46,288 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Breaux Bridge

County

St. Martin Parish

State

Louisiana

Latitude

30.284

Longitude

-91.91

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