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Multifamily Property with Single-Family Home

100 102 Pasture Court Thibodaux, LA 70301

100 102 Pasture Court, Thibodaux, LA, 70301
$1,750,000
For Sale
$1,750,000

MULTI_FAMILY - Thibodaux, LA

Property Size2,680 SF
Lot Size28.10 Acres
Price / SF$652.99
Days on Market578

Property Features for 100 102 Pasture Court

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Laundry Room
Parking
12
Parking features
Parking Lot
Fencing
Privacy
Appliances
Range/Oven
Standard status
Active
Size
2,680 SF
Lot size
28.10 Acres

Taxes and HOA fees

Tax Description
See Attached

Utilities

Heating system
Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air

Building Details

Flooring type
Tile - Ceramic
Building materials
Vinyl Siding, Brick
Roof type
Shingle
Listing Agency Good Earth Realty, Inc.
401 Barrow Street, Houma, LA
Listed by Shirin Nail/ Cynthia Pellegrin · License #467517117
Added: Dec 16, 2024 Checked: Jul 17 at 9:06 am
MLS# 2024022293 Listing URL

Copyright © 2026 Bayou Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multifamily property includes eight 1-bed, 1-bath apartments plus a single-family home, all situated on approximately 28.1 acres. The seller reports an elevation of about 12 feet, with the expectation that flood insurance will not be required. The property also features a pond at the rear and additional development possibilities on the site.

The seller has negotiated a cellular tower on a small portion of the rear property, generating $1,200 per month under a 99-year lease with increasing rent. Public remarks also note the land is unrestricted and that the buyer may be able to add additional apartments, townhouses, and single-family homes, or pursue other uses.

The property is listed for sale in Thibodaux, Louisiana, and is described as being close to downtown Thibodaux, Walmart, medical facilities, and a university.

Key Highlights

  • Income‑generating cellular tower lease provides $1200/month with increasing rent, covering taxes, insurance, and most maintenance.
  • 28 acres of unrestricted land with high elevation (12') eliminates flood insurance requirement and allows for diverse development possibilities.
  • Includes eight 1‑bed/1‑bath apartments and a single‑family home, offering immediate rental income and living options.

Property Analytics

Location Intelligence

Current Use by Public Records

Single family properties

FAQs

What type of property is this?
Apartment building - Eight 1-bed, 1-bath apartments and a single-family home sit on 28 acres with a pond and cellular tower lease.
Where is this apartment building located?
The property is located at 100 102 Pasture Court Thibodaux, LA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Income‑generating cellular tower lease provides $1200/month with increasing rent, covering taxes, insurance, and most maintenance.; 28 acres of unrestricted land with high elevation (12') eliminates flood insurance requirement and allows for diverse development possibilities.; Includes eight 1‑bed/1‑bath apartments and a single‑family home, offering immediate rental income and living options.
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