200 Southland Circle Houma, LA 70364

Investment property for sale in need of repair and renovation. Bayou Gardens Apartment Complex is a 116-unit, multi-family investment property located in Houma, LA that suffered damage in Hurricane Ida (2021). Some interior and exterior repairs were performed after Ida but the complex is being sold in as-is condition. The complex is currently vacated and unoccupied. There are 116-units housed within 14 separate, two-story buildings plus there is an inground pool, laundromat, and office. The unit breakout is: 32 One-Bedroom/One-Bathroom Units (~800 SF each), 20 Two-Bedroom/One and Half-Bathroom Townhouse Units (~1,000 SF each), 47 Two-Bedroom/Two-Bathroom Units (~1,100 SF each), and 17 Three-Bedroom/Two-Bathroom Units (~1,275 SF each). The site is 7.746 acres located in between St. Bernadette Catholic School and the Southland Mall. The entire property is located in Flood Zone X. Bayou Gardens Apartments are centrally located near many job and shopping opportunities. It is adjacent to Houma's MLK Retail Corridor and just minutes away from the U.S. Highway 90/Future I-49 Energy Corridor.