Investor opportunity! House and trailer on one parcel. Both are occupied by long-time tenants. Grow your investment portfolio by calling your real estate professional today!
Check out this nice little mobile home park 7 total units sitting on 10.53 acres of land in West Ouachita. All homes are rent to own and are all fairly new. Every time someone moves out the landlord ups the rent amounts. Right now Gross rents are $80,580 with one vacant unit. All other 6 are rented. Net after expenses is $70,140. See Docs for rent rolls and list of expenses. The one vacant unit is for lease to own right now at $1100 a month which would add more to the bottom line.
These properties offer an opportunity for immediate rental income with stable tenants and some updates. Whether you're expanding your rental portfolio or starting out as an investor, this package provides solid returns and potential for growth. N. Violet is 2/1, section 8, bathroom renovated this year, new flooring in the hallway and new outside AC in 2022, the tenant has been there 7 years and it rents for $625 a month. Pargoud is 3/1, the roof is 5 years old and it rents for $550 a month. Selling both together.
Investor Special Five unit Each home is completely remodeled, New Plumbing, New Electrical, new floors and new paint. Covered parking for each home . Very Low Maintenance. They all Have separate water/sewer and Electrical meters. All homes are rented out and income is $35,100 a year. All homes can be showed as soon as we have an accepted contract in hand. Seller does not want to disturb the tenant with a bunch of showings.
The tenants pay taxes on the homes and their own utilities. Income 10,000 a month and 120,000 yearly. Tenants pay for their own repairs. Seller has an appraisal on file for $1,235,000..
The median home value in West Monroe, LA is $182,200. This is higher than the county median home value of $163,300. The national median home value is $338,100. The average price of homes sold in West Monroe, LA is $182,200. Approximately 37.57% of West Monroe homes are owned, compared to 46.96% rented, while 15.47% are vacant. West Monroe 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 West Monroe real estate agent to arrange a tour today!
West Monroe, Louisiana 71292 has a population of 13,103. West Monroe 71292 is more family-centric than the surrounding county with 28.02% of the households containing married families with children. The county average for households married with children is 27.47%.
The median household income in West Monroe, Louisiana 71292 is $38,865. The median household income for the surrounding county is $46,021 compared to the national median of $69,021. The median age of people living in West Monroe 71292 is 38.9 years.
The average high temperature in July is 93.2 degrees, with an average low temperature in January of 33.9 degrees. The average rainfall is approximately 55.1 inches per year, with 0.6 inches of snow per year.