Home Details
Rare investment opportunity featuring four occupied rental units on approximately 5.7 acres in Clinton, Louisiana. The properties are located at 8949, 8935, 8921, and 8863 Folly Brown Rd and are being offered together as a package. Each manufactured home sits on its own individual lot, ranging from approximately 1.31 to 1.61 acres, with all four lots adjoining. Each property has separate utilities, including DEMCO electric, city water, and individual sewer treatment systems, with utilities paid by the tenants. The portfolio is currently fully occupied and producing approximately $39, 000 in annual rental income. Each unit also has a metal roof, helping reduce long-term exterior maintenance. Properties are being sold as a bundle. Please do not disturb tenants. Drive-by viewing only. Interior showings will be scheduled only after an acceptable offer has been negotiated. Contact the listing agent for current rents, cap rate information, maintenance records, and additional details needed to evaluate the investment opportunity.