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1191 Francis Loop

St. Martinville, LA 70582
  • $650,000
  • STATUS: Active
  • ON SITE: 170 Days
  • MLS #: 23008347
UPDATED: 48 min ago
$650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:
M2

School Information

Elementary School:
Middle School:
High School:

Description

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 responsibilities. 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 to $6500/month plus vacant lot mentioned above. Homes are in great 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.

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Licensed by the State of Louisiana, USA.
Parish Realty Acadiana || (337) 735-1223 || Lafayette, LA
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana’ MLS. 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 deemed reliable, but not guaranteed accurate. Data last updated 2024-03-01T19:10:38.757.
www.parishrealty.co/homes/143337238
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1191 Francis Loop St. Martinville, LA 70582

  • Price: $650,000
  • Status: Active
  • On Site: 170 Days
  • Updated: 48 min ago
  • MLS #: 23008347
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
None
County:
St Martin
Area:
M2
Elementary School:
Call School Board
Middle School:
Call School Board
High School:
Call School Board
Property Description
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 responsibilities. 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 to $6500/month plus vacant lot mentioned above. Homes are in great 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.
Exterior Features

Construction Materials FrameVinyl Siding Foundation Details Block Parking Total 16

Interior Features

Appliances DishwasherDryerRefrigeratorWasher Building Area Total 9200 Cooling Central AirAC Unit(s) Cooling YN Yes Heating CentralHeat Unit(s) Heating YN Yes

Property Features

Listing Agreement Exclusive Right Listing Terms 1031 ExchangeCashConventionalPrivate Financing Available Mineral Rights Conveyed New Construction YN No Occupant Type Tenant Property Condition 21 - 30 Years Property Sub Type Mobile Home Park Sewer Private SewerMechanical Sewer Tenant Pays Broadband/Internet AccessCable/Sat TVElectricityTrash CollectionWater

Courtesy of EVO Realty: 337-326-5363. Listing information © 2024 REALTOR® Association of Acadiana MLS. All rights reserved.


Licensed by the State of Louisiana, USA.
Parish Realty Acadiana || (337) 735-1223 || Lafayette, LA
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana’ MLS. 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 deemed reliable, but not guaranteed accurate. Data last updated 2024-03-01T19:10:38.757.
 
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