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Key Details
Sold Price $1,110,000
Property Type Single Family Home
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 14,474 sqft
Price per Sqft $76
MLS Listing ID 2479340
Sold Date 03/14/25
Style Mobile Home
Bedrooms 37
Full Baths 21
Half Baths 2
Construction Status Average Condition
HOA Y/N No
Year Built 1993
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Other
Property Description
Large, compelling multifamily investment opportunity in Belle Chasse with a:
8.3% CAP RATE!!! HIGHLY MOTIVATED SELLER!!!
All units are leased (except for one currently being refurbished) and stay 100% leased, each unit totally furnished with all utilities paid for tenants on a monthly basis, all metered separately for water, power, and sewer (and gas, if available). All units except 1 have newer roofs. Collecting $19,350/month in rent once the final unit is finished being refurbished.
Lots of industrial development and local, high-paying blue collar jobs means this complex will stay rented and generate income for many years down the line. Please call to arrange your showing today!
Location
State LA
County Plaquemines
Interior
Heating Central
Cooling Central Air, Window Unit(s)
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Assigned, Off Street
Pool None
Waterfront Description River Access
Water Access Desc Public
Roof Type Metal,Shingle
Building
Lot Description City Lot, Oversized Lot
Entry Level One
Foundation Other
Sewer Septic Tank
Water Public
Architectural Style Mobile Home
Level or Stories One
Construction Status Average Condition
Others
Tax ID 1139550
Special Listing Condition None
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Bought with WayMaker Realty, LLC