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Property profile & analytics
OFF-MARKET
Residential income homes

0 Armentine Cv Breaux Bridge, LA 70517

46,288 SF Built 2006
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Residential income homes
Year built 2006
Total area 46,288 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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