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$350,000   Price Analysis
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701 S 3rd St
Homer, LA 71040
8 bed 8 bath 4,576 SqFt ($76/SqFt)
1.18 acre lot. Built 1978
Listed 2023-05-14, Taxes $1,562
USDA Eligible
near Homer, LA
 Restrictions may apply
due to home size

ESTABLISHED 8 UNIT APARTMENT COMPLEX IN HOMER

* No Longer For Sale *
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LOUISIANA. LOCATED ON 1.18 ACRE CORNER L OT. APARTMENTS ARE IN EXCELLENT CONDITION.

FRESH PAINT AND CERAMIC TILED FLOORS IN MOST UNITS. HIGH OCCUPANCY RATE.


Presented by Denny McMullan at
Mcmullan Realty.
Listing Agent Photo

Property MLS #20328482 from NTREIS

Bedrooms: 8

Open Floorplan
Paneling
Flooring: Ceramic Tile, Vinyl

Built-in Refrigerator
Dishwasher
Electric Oven

Cooling Features: Central Air
Heating Features: Central

Full Bathrooms: 8

Lot Size Acres: 1.18
Lot Size Square Feet: 51401

Parking Features: On Site, Open

Association: No
Calculated Total Monthly Association Fees: 0
Association Name: Lone Oak Apartments

Number of Buildings: 1

Elementary School: Claiborne PSB
Middle School: Claiborne PSB
School District: Sch.Dist.#1

Homer Junior High School is a public elementary and middle school located approximately 0.6 miles away.
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Homer High School is a public high school located approximately 0.6 miles away.
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Gross Income: 36960.00

Source Listing Status: Closed
County: Claiborne
Directions: Use GPS or Google Maps.
Source Property Type: Residential Income
Insurance Expense: 6036
Source Neighborhood: Rural
Parcel Number: 0730078000
Subdivision: Rural
Property Subtype: Apartment
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$17,160 + $1,730
$18,890
$1,562
2021$17,160 + $1,730
$18,890
$1,805
2020$17,160 + $1,730
$18,890
$1,831
2019$17,160 + $1,730
$18,890
$1,871
2018$17,160 + $1,730
$18,890
$1,872
2017$17,160 + $1,730
$18,890
$1,684
2016$17,160 + $1,730
$18,890
$1,684
2015$17,160 + $1,730
$18,890
$1,654
2014$17,160 + $1,730
$18,890
$1,639
2013$17,160 + $1,730
$18,890
$1,638
2012$17,160 + $1,730
$18,890
$1,796
2010$17,160 + $1,730
$18,890
$1,644
2008$17,160 + $1,730
$18,890
$1,962

Sold 2023-08-07
$0
NTREIS
Listed 2023-05-14
$350,000
NTREIS

Net Operating Income: 22753

Year Built: 1978
Building Area Total: 4576
Construction Materials: Construction: Brick
Foundation Details: Slab
Levels: Two
Property Age: 45
Roof: Composition
Year Built Details: Preowned

Utilities: Asphalt, City Sewer, City Water

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.