Rare opportunity to get four (4) rental units on over 5.7 acres. All units are occupied and the current annual income is $38,700.00 The addresses are 8949, 8935, 8921, and 8863 Folly Brown Rd in Clinton, LA . Each MHM has its own lot and they range from 1.31 tgo 1.61 acres per lot. All lots are adjoined and have individual utilities that include DEMCO electric and city water. All utilities are paid by the tenant and each lot has its own individual sewer treatment. Each unit has a metal roof added for ease of maintenance. Units are offered at a bundle price. Drive by and look and DO NOT DISTURB TENANTS. No showings will be allowed until an acceptable offer has been negotiated. Contact agent for current cap rate, rents, maintenance records and any other information needed to put together an offer.
The median home value in Clinton, LA is $269,000. This is higher than the county median home value of $177,700. The national median home value is $338,100. The average price of homes sold in Clinton, LA is $269,000. Approximately 50.59% of Clinton homes are owned, compared to 26.01% rented, while 23.4% are vacant. Clinton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Clinton real estate agent to arrange a tour today!
Clinton, Louisiana has a population of 1,665. Clinton is more family-centric than the surrounding county with 32.13% of the households containing married families with children. The county average for households married with children is 24.89%.
The median household income in Clinton, Louisiana is $51,696. The median household income for the surrounding county is $58,125 compared to the national median of $69,021. The median age of people living in Clinton is 35.9 years.
The average high temperature in July is 91.1 degrees, with an average low temperature in January of 36.3 degrees. The average rainfall is approximately 61.5 inches per year, with 0 inches of snow per year.