8524 LOCKHART RD, Denham Springs, LA 70726 - Livingston Parish

Great investment opportunity with 7 manufactured homes that have been well-maintained on approximately 350x153 tract of land. The location is convenient to Range Rd and Magnolia Bridge Road. There are 6 consisting of 3 bedrooms, 2-bath, and 1 consisting of 2-bedroom, 1-bath. Unit 7 is 840 sq. ft. and $900 a month in rent. Each has an 8'x10' covered porch and designated parking. The property side and rear perimeter have a 6' privacy fence. Water and Sewer are public and tenant is responsible for their own utilities. Six residents are currently leased with one available for lease. The current gross rent for 6 leased residents is $5,400 per month. Potential Gross rent of $6,275 per month or $75,300 per year before expenses. Investor return estimate can be provided. All appliances to remain. Don't miss your opportunity to own this incredible investment opportunity.

Copyright © 2024 Greater Baton Rouge Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.