100-130 Hermosa Lane
Property Description
Investment opportunity situated on +/-8.51 acres at 100-130 Hermosa Lane. The property consists of 15 park-owned homes, with 6 units currently occupied and 9 vacant, offering significant value-add and lease up potential. Current occupied units generate an average of approximately $1,100 per month per unit. Ownership currently covers garbage service, lawn care, road maintenance, property taxes and insurance. Estimated yearly operating expenses total around $4,000. With existing infrastructure, park owned units, and substantial upside through renovations and increased occupancy, this property offers a opportunity for an investor to improve operations and significantly increase rental income.Broker Details
Scout Real Estate Company (337) 501-6457
MLS ID: 440056184 State License Number: 995715702
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $890,000 |
| No. of Units: | 15 |
| Opportunity Zone: | No |
| Price per unit: | $59,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-RAALA-2600007906
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