1191 Francis Loop, St. Martinville, LA 70582 (MLS # 23008347)
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2.6 acre mobile home park with 8 lots - 7 park owned homes and 1 vacant lot for potential lot rent or development. All 8 individual lots are over 12,000 sqft. equipped with individual mechanical sewer/water meters that are individually metered for tenants to assume all utility responsibilities. The infrastructure of the MH park is 3 years old. Current income is $5600/month excluding Lot 7 rent (as tenant is an employee). Rent for this home would be $900/month bringing the total income to $6500/month plus vacant lot mentioned above. Homes are in great shape. All tenants are current on rent, long term and there is a waiting list for future vacancies. All rent is collected via Venmo making for low maintenance bookkeeping. Storage buildings are conveyed with sale.
| DAYS ON MARKET | 235 | LAST UPDATED | 12/8/2023 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 0 |
| COMMUNITY | M2 | COUNTY | St Martin |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Call School Board |
|---|---|
| Jr. High School | Call School Board |
| High School | Call School Board |
| PRICE HISTORY | |
| Prior to Nov 9, '23 | $725,000 |
|---|---|
| Nov 9, '23 - Dec 8, '23 | $699,000 |
| Dec 8, '23 - Today | $650,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Refrigerator, Washer |
| AREA | M2 |
| BUYER'S BROKERAGE COMPENSATION | 2.5 |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Central |
| LOT | 0 |
| LOT DIMENSIONS | see plat |
| SEWER | Private Sewer |
| STORIES | 1 |
| SUBDIVISION | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with EVO Realty
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