Description:

Looking for an investment or development property? This one is it! Secluded 2.42 acres zoned R6 with 4 legal, non-conforming manufactured homes included in sale (3 currently rented). Public sewer at street. Let the rents pay your expenses, while you plan the development of this R6 zoned property. Upside is in development and bringing in sewer - manhole is in driveway. Approximately $9 per square foot (land only - for calculating potential subdivision development). Tenants pay electricity and maintain their own yards. Landlord pays water/trash/recycling. Secure this for your portfolio. *Buyer to verify use, utilities, future use, zoning, size, etc to their own satisfaction.*
Perfect investment property
Renters pay your mortgage for you
Month to month leasing creates a value-add opportunity
4 rental units with opportunity to subdivide into an estate, a single family subdivision

Presented by:

Karl  Landreneau,  CCIM, SIOR

Director of Commercial Sales and Leasing

(225) 295-0800

(225) 252-3733

Click here to email

Property Flyer

Listed by:

Kirkland