$650,000 Price Analysis   ♡   Saint Martinville, LA 70582 Unknown bed None bath 9,200 SqFt ($70/SqFt) Listed 2023-09-13 | ✓ USDA Eligible near Saint Martinville, LA Restrictions may apply due to home size |
2.6 acre mobile home park with 8 lots - 7 park owned homes and 1 vacant lot for potential lot rent or development.
All 8 individual lots are over 12, 000 sqft. equipped with individual mechanical sewer/water meters that are individually metered for tenants to assume all utility rsponsibilities. The infrastructure of the MH park is 3 years old. Current income is $5600/month excluding Lot 7 rent (as tenant is an employee).
Rent for this home would be $900/month bringing the total income t o $6500/month plus vacant lot mentioned above. Homes are in tremendous shape. All tenants are current on rent, long term and there is a waiting list for future vacancies. All rent is collected via Venmo making for low maintenance bookkeeping. Storage buildings are conveyed with sale.
Presented by Nicholas Dodge at
Evo Realty.
Property MLS #23008347 from Lafayette
Dryer
Electric Range
Refrigerator
Washer
Heating Features: Central
High School: Call School Board
Middle School: Call School Board
Map directions Map directions Map directions Map directionsCounty: St Martin
Directions: From LA-96 take left onto Main St/LA-31 then right on E Bridge St then left onto Francis Loop. Property on left, also accessible from Martin Dautreaul
Source Property Type: MultiFamily
Area: M2
Source Neighborhood: M2
Property Subtype: Mobile Home Park
Source System Name: C2C
Building Exterior Type: Vinyl Siding
Construction Materials: Frame
Foundation Details: Block
Levels or Stories: 1.0
Year Built Details: 21 - 30 Years
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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.