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 foran investor to improve operations and significantly increase rental income.
Listed By
Agency Name: Scout Real Estate Co.
Agency Phone: 337-443-0880
Shown By
Agent Name: Allen Duhe
Agent Phone: (337) 233-9700
Agency Title: Allen Duhe
Allen Duhe Allen Duhe (337) 233-9700
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100-130 Hermosa Lane , Lafayette, LA 70506.
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100-130 Hermosa Lane , Lafayette, LA 70506.
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100-130 Hermosa Lane | MLS# 2600007906
This multi-family property located at 100-130 Hermosa Lane , Lafayette, LA 70506 is currently listed for sale with an asking price of $890,000. 100-130 Hermosa Lane is located within the Lafayette Parish school district. Search Lafayette real estate on allenduhe.justaskallen.com today.