Armentine Cv Breaux Bridge, LA 70517
- Residential income homes
- 46,288 SF
Current Use by Public Records
- Residential income homes
Property Details for 0 Armentine Cv
- Year built
- 2006
- Property size
- 46,288 SF
- Property type
- Residential income homes
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Breaux Bridge
- County
- St. Martin Parish
- State
- Louisiana
- Longitude
- -91.91
- Latitude
- 30.284
