1480 Joe Miller Road
Lake Charles, LA 70611

Description

INVESTORS!! Priced under appraised value! Don't miss out on this opportunity! This multi-tenant park is located in Moss Bluff! Property includes: 2 homes, 5 Mobile homes, 2 duplex (4doors), one trailer that is paying lot rent, along with 3 empty lots providing even more potential to grow income! State and Parish sewer permits are up to date, 3 mechanical systems and oxidation pond service the property. Public water, two meters on the property, tenants are charged water monthly. DEQ in good standing. At the current rates, with 100% occupancy property has an estimated CAP rate of 15-16% with potential of higher rent plus two more doors in the...read more