Houma, LA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Houma, Louisiana Market population: 34K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
Advertisement
12 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Houma LA Properties: 0.5300%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Houma LA
Common questions from investors exploring commercial real estate in Houma LA.
What's the overall investment outlook for Houma, LA, considering its demographics and economy?
+
Houma's median household income of $48,872, combined with a poverty rate of 20.8% and a high health insurance coverage of 88.1%, suggests a relatively stable market with a working-class population. The top industries, including Finance & Insurance and Manufacturing, indicate a diverse economy, while the median property value of $147,900 and median property taxes of $8,561 provide insight into the housing market. Additionally, the city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, contributes to a unique cultural landscape.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Houma?
+
The average commute time of 21.4 minutes in Houma, with top commute methods including driving alone, carpooling, and other modes, indicates a relatively convenient transportation infrastructure. This, combined with a high health insurance coverage rate of 88.1% and a median age of 35.3, suggests a stable and healthy population, making it an attractive location for renters and investors alike. The city's employed population of 14,951 and top industries also contribute to a strong local economy.
What are the implications of Houma's poverty rate and income inequality on the local real estate market?
+
Houma's poverty rate of 20.8% and GINI coefficient of 0.462 suggest a significant income inequality, which may impact the local real estate market. However, the city's median property value of $147,900 and median property taxes of $8,561, combined with a high homeownership rate of 66.2%, indicate a relatively stable housing market. The top industries, including Finance & Insurance and Manufacturing, also contribute to a diverse economy, which can help mitigate the effects of poverty and income inequality.
How does the ethnic diversity and cultural landscape of Houma impact the demand for housing and rental properties?
+
The ethnic diversity of Houma, with a mix of White, White Non-Hispanic, and Black populations, contributes to a unique cultural landscape, which can drive demand for housing and rental properties. The city's top industries, including Finance & Insurance and Manufacturing, also attract a diverse workforce, further increasing demand for housing. Additionally, the median household income of $48,872 and health insurance coverage rate of 88.1% suggest a relatively stable population, making it an attractive location for renters and investors.
What are the key factors to consider when evaluating the potential return on investment for real estate in Houma, LA?
+
When evaluating the potential return on investment for real estate in Houma, LA, key factors to consider include the median property value of $147,900, median property taxes of $8,561, and homeownership rate of 66.2%. Additionally, the city's poverty rate of 20.8%, health insurance coverage rate of 88.1%, and top industries, including Finance & Insurance and Manufacturing, provide insight into the local economy and demographic trends. The average commute time of 21.4 minutes and ethnic diversity of the population also contribute to a comprehensive understanding of the local real estate market.
Houma LA Real Estate & City Facts
Key facts and real estate information about Houma LA.
What are some of the best neighborhoods to live in Houma?
+
Some of the best neighborhoods to live in Houma include Southdown West, Sugar Mill, Mulberry, Summerfield Place, Downtown Houma, Elysian Park, and North Houma. These neighborhoods offer a range of housing options and are known for their clean and dog-friendly environments.
What are some fun things to do in Houma?
+
There are plenty of fun things to do in Houma, including visiting the Southdown Plantation and Museum, taking a swamp tour, going fishing, and exploring the historic plantations. You can also check out the Regional Military Museum, the Terrebone Waterlife Museum, and the Chauvin Sculpture Garden. Additionally, the city hosts various festivals throughout the year, such as the Houma Mardi Gras and the Bayou Boogaloo.
What is the food scene like in Houma?
+
The food scene in Houma is a blend of French, Native, Cajun, African, and Creole influences. Some popular restaurants include Boudreau & Thibodeau's Cajun Cookin', The Shack of Houma, Big Al's Seafood, and Cristiano Ristorante. There are also plenty of great food trucks and hole-in-the-wall eateries to try. Be sure to check out the local seafood, especially the redfish and alligator dishes.
What are the pros and cons of living in Houma?
+
The pros of living in Houma include its rich cultural heritage, beautiful outdoor spaces, and delicious food scene. However, some cons include the city's limited job opportunities, high poverty rate, and vulnerability to natural disasters. Additionally, the city's infrastructure and transportation options may be limited compared to larger cities. Overall, Houma is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Houma a good place to live?
+
Houma can be a good place to live for those who appreciate its unique cultural heritage and outdoor recreational opportunities. While it may have its challenges, the city has a lot to offer, from its historic plantations to its vibrant food scene. Ultimately, whether or not Houma is a good place to live depends on your individual preferences and priorities. If you value a strong sense of community and a relaxed pace of life, Houma may be an excellent choice for you.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Houma LA Commercial Property: $48,872
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Advertisement
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
Advertisement