REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 890,000
Est. payment /mo
Pending
100-130 Hermosa LN Lafayette, LA 70506
8 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Mobile Home Park
Listing Status Pending
Purchase Type For Sale
Subdivision Richfield Heights
MLS Listing ID 2600007906
HOA Y/N No
Lot Size 8 Sqft
Acres 8.51
Lot Dimensions Irregular
Property Sub-Type Mobile Home Park
Source ROAM MLS
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.
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.
Location
State LA
County Lafayette
Community Richfield Heights
Area 8.51
Direction From Ambassador Caffery Parkway continue north, turn onto Eraste Landry Road. Turn onto Hermosa Lane. The property is located at 100-130 Hermosa Lane.
Interior
Cooling Ceiling Fan(s), Other
Fireplace No
Exterior
Garage No
Building
Lot Description Cul-De-Sac, No Outlet Street
Foundation Slab
Water Public
New Construction No
Schools
Elementary Schools Ridge
Middle Schools Judice
High Schools Acadiana
Others
Tax ID 6165469
Listed by Scout Real Estate Co.
Nearby Locations