ID f671a664
8-Plex, Single Family Residence, Development Land & Cell Tower Income
For Sale
$1,750,000$208.86/SF$218,750/Unit
- Total Units
- 8
- Cap Rate
- 3.94%
- Building Size
- 8,379 SF
- Lot Size
- 29.24 ac
- Parish
- Terrebonne
- DOM
- 25
- Listed
- 09/15/2026
- Updated
- 09/18/2026

Overview
Unique Residence, Multifamily Investment & Development Opportunity on ±29.24 Acres
Rare multifamily investment and residential development opportunity located at 100, 102 & 104 Pasture Court in Thibodaux, Louisiana. Situated on approximately 29.24 acres, this unique property combines multiple existing income-producing and residential assets with substantial excess land for future development.
The property includes two four-plex apartment buildings containing a total of 8 apartment units and approximately 5,257 SF of multifamily building area, a separate 3,122 SF single-family residence, an income-producing cell tower ground lease, and approximately 28.37 acres of excess land.
This diverse asset provides multiple components within one offering: multifamily apartments, a single-family home/residence, cell tower lease income, and residential development land. The significant excess acreage creates an opportunity for additional residential or multifamily development, expansion of the existing apartment property, or other uses subject to applicable zoning and approvals.
Located just off West Park Avenue with convenient access to Highway 90, the property is positioned within the greater Thibodaux/Houma market and surrounded by established residential development.
With 8 existing apartment units, a separate residence, cell tower ground lease income, and nearly 29.24 acres of land, the property offers a compelling combination of current income, real estate investment, multifamily housing, and long-term development potential.
- ±29.24 Acres Total
- Two Four-Plex Apartment Buildings
- 8 Existing Apartment Units
- ±5,257 SF Total Multifamily Building Area
- Separate Single-Family Residence / Home
- Income-Producing Cell Tower Ground Lease
- ±28.37 Acres of Excess / Development Land
- Existing Residential & Multifamily Income
- Potential Residential or Multifamily Development Opportunity
- Convenient Access to West Park Avenue & Highway 90
- Located in the Thibodaux / Houma Market
- Investment Opportunity Combining Apartments, Residence, Land & Cell Tower Income
Attachments
Additional Information
- City
- Thibodaux
- State
- LA
- Zip Code
- 70301
- Latitude
- 29.7698151
- Longitude
- -90.814669
- Secondary Uses
- Residential Development
- Zoning
- N
- Gross Income
- $89,400
- NOI
- $68,880
- Total Expenses
- $20,520
- Laundry Income
- $1,800
- # of Buildings
- 3
- Tax ID Number
- 8725
- Total Units
- 8
- Laundry
- Shared
- Parcel APN
- 8725
- Listing ID
- f671a664
- City
- Thibodaux
- State
- LA
- Zip Code
- 70301
- Latitude
- 29.7698151
- Longitude
- -90.814669
- Secondary Uses
- Residential Development
- Zoning
- N
- Gross Income
- $89,400
- NOI
- $68,880
- Total Expenses
- $20,520
- Laundry Income
- $1,800
- # of Buildings
- 3
- Tax ID Number
- 8725
- Total Units
- 8
- Laundry
- Shared
- Parcel APN
- 8725
- Listing ID
- f671a664
