Courtyard Apartments - 23 Units in Thibodaux

Now available for sale, 1418 Lynn Street is a 23-unit apartment complex located less than half a mile from Canal Blvd and downtown Thibodaux, and less than 10 minutes from the rapidly growing Nicholls State University.

This property, consisting of +/-17,000SF and +/-1.1 acres, offers a mix of one bedroom, two bedroom, and studio apartments that captures the high demand for affordable housing and student housing in Thibodaux, LA

- New roof installed on both buildings in 2022. - No Flood Zone - 92% occupied (21 of 23) - Two unoccupied need renovations - $18,625/month gross rents, some rents are still below market rates. - Ample parking - 25+ paved parking spaces - The only two unoccupied units are gutted and need renovations before they can be leased.

Financials are available upon request.