INVESTOR PACKAGE DEAL! Four SINGLE FAMILY HOMES, ALL CURRENTLY OCCUPIED! Located in Opelousas LA. Homes are as follows: 605 Choctaw Drive- 3 Bedroom 1 Bath located in subdivision behind the hospital.409 W Tennis Street-2 Bedroom 1 Bath, located at the end of a Quiet Dead End Street. Long Term tenant357 Hwy 104-2 Bedroom 1 Bath, located in Country setting on Double lot165 Desiree-3 Bedroom 2 Bath Mobile Home located in country setting on large lot. *DO NOT DISTURB TENANTS
Presenting a fantastic investment opportunity in a prime location! This 5-unit apartment complex is conveniently situated near I-49, within walking distance to stores and restaurants, making it an appealing choice for tenants seeking convenience and accessibility.Currently, the units are being rented below market value, presenting a golden opportunity for increased monthly yields. With a bit of strategic management, you can maximize profits and enhance the overall value of this property. This potential for growth is a significant advantage for savvy investors.The complex is located on a corner lot, providing not only visibility but also ample space for expansion. There's room to add additional units, further increasing your investment potential. Imagine the possibilities of developing more rental spaces to cater to the growing demand in the area!This apartment complex is not just a property; it's a stepping stone to greater financial growth. With its strategic location, under-market rentals, and expansion possibilities, this investment opportunity is one you won't want to miss!
Opelousas is located in Louisiana. Opelousas, Louisiana has a population of 15,884. Opelousas is less family-centric than the surrounding county with 22.77% of the households containing married families with children. The county average for households married with children is 23.47%.
The median household income in Opelousas, Louisiana is $33,272. The median household income for the surrounding county is $41,068 compared to the national median of $69,021. The median age of people living in Opelousas is 34.5 years.
The average high temperature in July is 92.1 degrees, with an average low temperature in January of 40.5 degrees. The average rainfall is approximately 62.9 inches per year, with 0 inches of snow per year.