Terrebonne Parish · Houma
We Buy Apartment Buildings In Houma, LA
We are an active buyer of Houma rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
Local Demand
Our View On Houma
When we underwrite a Houma property, we start with the demand behind it — offshore oil and gas service companies, shipbuilding and marine fabrication yards, and Terrebonne General Health System.
Houma’s rental demand rises and falls with the offshore energy cycle, since many tenants work in marine transportation, fabrication, and oilfield services. Properties are mostly small garden complexes, and elevation, drainage, and wind coverage are central concerns on any acquisition along this low-lying coast.
In Bayou Cane and Schriever as much as Downtown Houma, we are open to buildings with deferred maintenance, below-market rents, or occupancy problems.
Offshore oil and gas service companies
Shipbuilding and marine fabrication yards
Terrebonne General Health System
Our Buy Box
What We Buy In Houma
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
- Insurance and flood-zone status are major underwriting factors, and we price them property by property.
- We review the rent roll unit by unit against what comparable Houma apartments lease for today, so below-market rents are an opportunity rather than a problem.
- Property in Houma is assessed by Terrebonne Parish, and we model the post-sale tax bill before we make an offer.
Seller Guides
Your Situation, Handled — Houma
Houma Seller FAQ
Is Houma a market you actively buy in?
It is. We review Houma apartment buildings of five or more units, with particular attention to Downtown Houma, Bayou Cane, Gray, and Schriever.
Who rents apartments in Houma?
Tenants in Houma are tied to offshore oil and gas service companies, shipbuilding and marine fabrication yards, and Terrebonne General Health System. That mix is a big part of how we evaluate occupancy and rent potential.
What if my Houma building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
How does a sale to you work in Terrebonne Parish?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Submit A Deal
Tell Us About Your Property In Houma
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
