Southdown Pavilion

Southdown Pavilion

View Offering Memorandum and Financials

Offering Summary:

  • Location: Houma, LA
  • Year Built: 2005
  • Units: 200

Investment Highlights:

  • 200-Unit, Value-Add Asset Located in Secondary Market of Louisiana
  • Prominently Located in Houma, Situated 40 Miles Southwest of New Orleans
  • Situated in the Highly Ranked Terrebonne Parish School District and Feeds into Top Schools
  • Strong Historical Performance: 95% Occupancy with 6.8% Rent Growth in Trailing 12 Months
  • Numerous Capital Projects Recently Completed, Leaving Minimal Deferred Maintenance
  • Loan Assumption Opportunity with 2.99% Interest Rate + 0.25% Mortgage Insurance Premium and Attractive Leverage

Exclusively Listed by:

The Best Access to Private and Institutional Capital

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