0 Armentine Cv Breaux Bridge, LA 70517
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.