2 Mobile Home Package Deal: 11.08% CAP Rate

Multi-Family for Sale
Catylist Listing ID: 30868481
Property Subtypes: Mobile Home Park, Other
Number of Units: 12 Units
Building Size (RSF): 9,538 SF
Gross Building Area: See Agent
Gross Land Area: 2.57 SF
Sale Price: $499,000
Unit Price: $41,583.33 Per Unit
Property Use Type: Investment
Sale Terms: Other
Cap Rate: 11.02%
Last Updated: 4/2/2024

Overview / Comments

Introducing an outstanding investment opportunity! 100 Aimee and 1092 Huval St., this comprehensive package presents two distinct properties primed for investment success. At 100 Aimee, seize the chance to own an exceptional property featuring an 11-lot mobile home park spanning 1.25 acres, plus of a detached home. Currently generating a monthly income of $2,225, this property boasts a dynamic potential with three mobile homes already in place and an additional eight vacant lots awaiting development. Meanwhile, 1092 Huval St. covers 1.32 acres and presents a remarkable eight-unit package home, fully occupied and yielding a steady monthly income of $3,800. Combined, these two properties offer an impressive total monthly income of $6,025, presenting an attractive investment proposition.

Attachments & Media

Financials

Finance Data Year 2024
Potential Rental Income $72,300 (Annual)

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: D
Tax ID/APN: 6082456
Percent Occupied: 100%
Total Number of Buildings: 12
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Assessment Number: 6014334, Legal Description: SEC 34 T8S R4E(103.2X115.4X199X51.3, Address:100 AIMEE DR Assessment Number: 6082456 and Legal Description: P LOT 3 OF PLOT E SEC 34 T8S R4E(1.017 AC) (443X100)(PLAT @ 80-4247 SHOWS LOT 6) Addresses:118 AIMEE DR, 120 AIMEE DR, 122 AIMEE DR, 124 AIMEE DR, 126 AIMEE DR, 128 AIMEE DR, 130 AIMEE DR, 132 AIMEE DR, 134 AIMEE DR, 136 AIMEE DR, & 138 AIMEE DR. Assessment Number: 06201A4643 0.2993 AC: LOT 12 PER PLAT OF SURVEY #303491COB: 1453-387-393175 1630-588-460142 1752-478-505445 1793-517-522001 1856-136-549567 Assessment Number: 06201A4555 LOT: 92.50' X 140.86' LOT 6 PER PLAT OF SURVEY #303491COB: 1299-593-303637 1593-102-446442 1598-093-447535 1752-478-505445 1793-517-522001 Assessment Number: 06201A4546 LOT: 94.05' X 137.96' LOT 2 PER PLAT OF SURVEY #303491COB: 1463-184-396984 1463-184-396984 1463-180-396982 1748-664-503767 1752-486-505446 1793-517-522001 1856-136-549567 Assessment Number: 06201A4545 LOT: LOT 1 PER PLAT OF SURVEY #303491COB: 1355-319-333320 1593-102-446442 1598-093-447535 1752-478-505445 1793-517-520001

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,023 24,778 56,603
Median Age: 37.29 34.41 34.21
Households: 1,181 9,314 20,957

Contact

Photograph of Listing Agent

Charles Ditch

Keaty Real Estate Lafayette, LA 70503
LACDB Member
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