Turn-Key Investment Package - 6 Doors 100% Occupied Opelousas, LARare opportunity to acquire a fully leased, multi-property rental package consisting of six total units across three locations in Opelousas:245 Pavy Road, 403 Lombard Street, and 622 Hwy 749This portfolio includes two single-family residences (one is a mobile home) and two duplexes, providing a balanced mix of asset types with consistent rental demand.The two duplexes are less than 20 years old and built with durable cinder-block construction and metal roofs. These units have a strong rental history, including two apartment units with tenants in place for over five years, offering immediate stability for a new owner.The single-family home at 245 Pavy Road is leased at $645 per month and is occupied by a tenant who has been in place and paid rent on time for more than 10 years. This property also offers a rare value-add opportunity, with sufficient space to install up to two additional mobile homes, allowing an investor to increase the door count and future income.The home at 403 Lombard Street rents for $700 per month, sits on a corner lot, and is located directly across the street from Opelousas Middle School. The property features brand-new flooring throughout, with laminate in the kitchen, living areas, and one bedroom, and carpet in the remaining two bedrooms--a recent upgrade that enhances tenant appeal and reduces near-term capital needs.This is a true turn-key investment portfolio--100% occupied, proven rent history & multiple long-term tenants. An ideal opportunity for investors seeking immediate cash flow in the Opelousas rental market.
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.