100-130 Hermosa Lane, Lafayette, Louisiana, 70506
$890,000
8.51 Acres
#2600007906
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.
PROPERTY FEATURES
- Water Source : Public
- Patio And Porch Features : Deck
- Cooling on Property:
- Cooling: Ceiling Fan(s), Other
- Heating on Property:
- Construction Materials: Aluminum Siding, Concrete
- Roof: Metal
PROPERTY DETAILS
ID: 2600007906
Status: Pending Sale
Price: $890,000
Acres: 8.51 Acres
Price Per Acre: $104,583
Type: Mobile
Address: 100-130 Hermosa Lane
City, State: Lafayette, Louisiana
County: Lafayette
Zip Code: 70506
Lat/Long: 30.14326, -92.1221
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