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Real Estate Central is your all-inclusive Houma real estate resource. Everyone from first time buyers to sellers to investors can utilize Real Estate Central to find Houma, LA homes for sale, apartments, foreclosed homes, recent home values, connect with local real estate agents, check current mortgage rates and more.
Real Estate Central allows buyers and sellers to search through Houma MLS listings to find the most up-to-date information on available real estate in LA. Our valuable information helps you make informed decisions about where and when to buy, and how to get more for your money when you're investing in Houma property.
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Location: Houma, LA 70363
Price: $73,900
Provided By: Gail Henry-Manuel
The property at 381 Dixie Avenue, Houma, LA is a Residential Single Family property with 4 bedroom(s) and 2.0 bathroom(s), built in 2000 and is 1775 square feet.
Submit your offer today!
Location: Houma, LA 70363
Price: $69,900
Provided By: Gail Henry-Manuel
The property at 381 Dixie Avenue, Houma, LA is a Residential Single Family property with 4 bedroom(s) and 2.0 bathroom(s), built in 2000 and is 1775 square feet.
Submit your offer today!
Location: Houma, LA 70360
Price: $138,500
Provided By: PATTERSON REAL ESTATE
Type: One Story_ Style: Traditional_ Bedrooms: 4_ Baths: 2_ Total Area SQFT: 2187_ Living Area SQFT: 1749_ AGE: 32
Location: Houma, LA 70363
Price: $82,000
Provided By: DONNES REAL ESTATE
Great Buy. Large lot with 2 lot extensions. Great for 1st time home buyers or someone needing more room.
Location: Houma, LA 70363
Price: $299,000
Provided By: Keller Williams - LaPlace
Rent is projected. Avg current is 750 that is in proess of being increased. Appliances furnished; w/d hookups, dishwasher, range/oven. Great investment. 100% occupied!
Location: Houma, LA 70363
Price: $299,000
Provided By: Keller Williams - LaPlace
Great Investment Property 100% Occupied.
Location: Houma, LA 70363
Price: $299,000
Provided By: Keller Williams - LaPlace
Investment Opportunity (4) 4 plexes available. 100% occupied and well kept. Units are less than 10 years old.
Location: Houma, LA 70363
Price: $299,000
Provided By: Keller Williams - New Orleans
Investment in East Houma. Stays 100% Occupied. Less than 10 yrs old. (4) 4 plexes available.
Location: Houma, LA 70363
Price: $389,000
Provided By: Keller Williams - LaPlace
High Visibility! If you or your company wants to expand, this property offers high exposure to traffic, corner lot, blank canvas floor plan to suit your specific needs, 20+ parking spaces, and cinder block construction.
In today's market, it is very expensive to build a building of this caliber for the list price. In addition, this building is prime for either subdividing for multiple office leasing or renovating to suit your specific needs.
With the conservative commercial market leasing rates of $10 sq/ft(annual based), this property yields a 10% cap rate easily.
Looking at the income approach at $10 sq/ft, we would multiply the square footage of 4400 by the ($10) and arrive at $44,000. We then will take $44,000 divided by a capitalization rate of 10% and we arrive at $440,000 sales price. Our list is at $389,000.
In other words, you will be able to lease this building to prospective tenants and realize a return of at least 10% or greater.
