Bank Owned Multifamily Property For Sale

Listing was updated at: 08/23/2020
Property Overview
Price/Rent PSF $ 159,900.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 3,200
Date Available 08/19/2020
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Floors 2
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Located in Thibodaux, LA just outside of the Nicholls State University campus. The close proximity to Nicholls State adds the potential for a student living complex.

This 5 unit apartment complex consists of 3 2-story units and 2 1-story units. The property is currently in need of a renovations, which makes this a great purchase for an investor who is looking for a value-add investment with huge upside potential.