Description
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.
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0BEDS
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5.7ACRES
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0BATHS
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01/2 BATHS
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5,120SQFT
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$57$/SQFT
Description
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.
© 2024 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Deluxe Properties. Data last updated: 2024-10-08T11:32:14.9. Licensed in the State of Louisiana, USA. Deluxe Properties || (225) 410-0200 || Baton Rouge, LA
Listing provided courtesy of 1st Class Real Estate Greater Capital Area: 225-396-5874 .© 2024 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.