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Off market
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  • $432,000

    1835 S Lake Arthur Ave LOT 26, Jennings, LA 70546

    --beds
    0baths
    176,418sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $432,000 Zestimate®
    $2/sqft
    $977 Estimated rent

    What's special

    For sale at an attractive CAP rate of 11.4% is a great investment opportunity in a solid rental market. Located in Jennings, LA is a 26 lot mobile home park on over 4 acres and access to city utilities such as water, sewer and electricity. There are a total of 21 park owned homes ranging in age and rental income and 5 rental lots (2 of which are for RV/campers). The park is currently located directly South and adjacent to the new Jennings Elementary School site that has undergone financing and design approvals. The footprint of the park is small with room for expansion on the exisiting 4 acres.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Electric
    Cooling
    • Central, Wall
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Interior area
    • Structure area source: Owner
    • Total interior livable area: 176,418 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 4.05 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Jennings

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Roof: Other
    • Appliances: Dishwasher, Refrigerator, Dryer, Washer, Range/Oven - Electric
    • HeatingYN: true
    • CoolingYN: true
    • ConstructionMaterials: Other
    • OwnerPays: Sewer, Trash Collection, Water
    • CurrentFinancing: Conventional, Cash
    • NumberOfUnitsTotal: 26
    • ParkingFeatures: Assigned
    • BuildingAreaSource: Owner
    • LivingAreaSource: Owner
    • Cooling: Central Air, Wall Unit(s), Separate Meters
    • FoundationDetails: Other
    • Heating: Central
    • MlsStatus: Pending
    Services availability