$750,000
SOLD FEB 20, 2025
Last list price

200 Progressive Blvd Houma, LA 70360

West End Neighborhood
10 Beds
10 Baths
5,659 Sq Ft
1.79 Acres

Recently Sold

$133 Per Sq Ft

10 Days on Market

Highlights

  • 1.79 Acre Lot
  • Central Heating and Cooling System
  • Property is in very good condition
  • Mulberry Elementary School Rated A-

About This Home

As of February 2025

OWNER FINANCING AVAILABLE! This 6-unit apartment complex offers a mix of (2) single-story 1-bedroom/1-bath units and (4) two-story 2-bedroom/1.5-bath units. Each unit comes fully equipped with a stove/oven, refrigerator, and washer/dryer. The property has been permitted for three additional 6-unit buildings, allowing for expansion to a total of (24) units. The sale includes all land, existing improvements, and blueprints for the additional units. With approximately 36 parking spaces and long-term tenants maintaining a consistent 100% occupancy rate, this property provides a stable income stream. The site spans approximately 18,000 square feet, (0.41 acres) with an additional 60,331 square feet (1.385 acres) of extra land available for future development, making it an ideal investment for those looking to maximize growth potential.

Last Listed By

LAUREN BURAS

Elite Real Estate Advisors License #NOM:995702096 Listed on: 12/10/2024

Elite Real Estate Advisors

Property Details

Home Type

  • Apartment

Lot Details

  • 1.79 Acre Lot
  • Lot Dimensions are 256x195x259x167
  • Property is in very good condition

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 5,659 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Schools

  • Please Elementary School
  • Call Middle School
  • Board High School

Additional Features

  • Outside City Limits
  • Central Heating and Cooling System

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 9758

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Apartment Complex
  • Style: Other
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: TRACT D-E-F-G-L-M-N-O-P-D, (WHICH INCLUDES TRACT L-M-U-V-L) AND TRACT P-Q- R-S-T-M-N-O-P ON "SURVEY OF TRACT D-E-F- G-L-M-N-O-P-D, SEC. 101, T17S - R17E."
  • Lp Amt Sq Ft: 132.53
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Living Area: 5659
  • Total Sq Ft: 5659

Exterior Features

  • Pool Type: None
  • Exterior: Brick, Vinyl Siding
  • Foundation: Slab
  • Roof Type: Asphalt

Garage/Parking

  • Car Storage: Lot

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Other
  • Gas Type: Natural
  • Heating: Central
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Schools

  • Elementary School: Please
  • Middle School: Call
  • High School: Board

Lot Info

  • Acres: 1.7900
  • Elevation Certificate: No
  • Lot Description: 1-5 Acres, Regular
  • Lot Size: 256x195x259x167
  • Parcel #: 9758

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Tenant

Multi Family

  • Total Bedrooms All Units: 10
  • Total Full Baths All Units: 6
  • Total Half Baths All Units: 4
  • Total Rent All Units: 5400
  • Total Units: 6
  • Unit Count: 6

MLS Schools

  • Elementary School: Please
  • High School: Board
  • Junior High School: School
  • Middle School: Call

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold -- -- --
12/10/2024 12/10/24 For Sale $750,000 -- $133 / Sq Ft
Source: Gulf South Real Estate Information Network

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2478912

Gulf South Real Estate Information Network