504-236-7038
150 Shady Arbors Cir, Houma, LA for Sale
Apartments - FOR SALE
1/19
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150 Shady Arbors Cir
Houma, LA 70360


HIGHLIGHTS

  • The Avery offers a cash-flowing, 123-unit multifamily asset in Houma, stabilized at ±84% occupancy with substantial recent renovations completed.
  • Over $1.3 million has been invested in capital improvements, including new roofs, exterior upgrades, and full renovations to 77 apartments.
  • Desirable amenities include a community pool, on-site laundry facilities, a fitness center, a grilling area, and attentive property management.
  • Prime location with immediate access to Houma's top retail corridor, national shopping and dining brands, schools, parks, and major highways.
  • Benefits from historically low vacancies, consistent rent growth, and limited new construction supply across the Houma-Thibodaux Market.
  • Favorable demographics include over 64,000 residents within 5 miles, with 36% of households renting and annual spending exceeding $684 million.

FOR SALE DETAILS

PRICE

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# OF UNITS

123

CAP RATE

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% LEASED

84%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stabilized Apartments with Recent Upgrades

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

200

LAND DETAILS

LAND ACRES

8.13 AC

LAND SF

354,143 SF

ZONING

R3

APN/PARCEL ID

9156

ASK ABOUT THIS PROPERTY

Christian SchedlerLarry G. Schedler & AssociatesMore Info
504-236-7038

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Christian SchedlerLarry G. Schedler & AssociatesMore Info
504-236-7038

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.