Denham Springs, LA 70726,8524 Lockhart Rd
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Denham Springs, LA 70726,8524 Lockhart Rd
Denham Springs, LA 70726,8524 Lockhart Rd
Denham Springs, LA 70726,8524 Lockhart Rd
Denham Springs, LA 70726,8524 Lockhart Rd

$499,900

Est. payment /mo
Est.Price: ?

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8524 Lockhart Rd Denham Springs, LA 70726

5,840 SqFt

SOLD DATE : 11/06/2024

Key Details

Sold Price $499,900

Property Type Mobile Home

Sub Type Mobile Home Park

Listing Status Sold

Purchase Type For Sale

Square Footage 5,840 sqft

Price per Sqft $85

Subdivision Magnolia Estates

MLS Listing ID 2024020431

Lot Size 1.230 Acres

Property Sub-Type Mobile Home Park

Property Description

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.

Location

State LA

County Livingston

Interior

Heating Central

Cooling Central Air

Exterior

Garage Spaces 14.0

Fence Privacy, Wood

Roof Type Shingle,Composition

Building

Story 1

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Schools

Elementary Schools Livingston Parish

Middle Schools Livingston Parish

High Schools Livingston Parish

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition As Is

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Listed by Keller Williams Realty Premier Partners
agent

Christian Matherne

Team Leader | License ID: 0995699702

+1(225) 206-7438

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