Improved Mixed-Use Land for Sale in Thibodaux, Louisiana

Property includes Eight 1 Bed 1 Bath Apartments along with Gorgeous Single Family Home on 28 Acres which is close to Thibodaux down town, Walmart, medical, university etc. Elevation is at 12' so no flood insurance will be required. Property also has a pond in the rear and further development is possible. Seller has negotiated for a cellular tower on a small section in the rear, which will bring in $1200 per month with increasing rent on a 99 year lease. This alone can take care of taxes, insurance and most of the maintenance and more. possibility for this high elevation, unrestricted land is endless! New Owner can build more More Apartments, town houses, more single family homes or you could even have a family compound!! This land would also be great for horses or cattle or livestock or just sell the Dirt. Check out this location for a Medical or a Retirement center, an Office building, Storage units, Commercial Building . Live in the main home or convert it to an office as this property is UNRESTRICTED. Listed for sale at Current Appraisal. For more details please contact agent.