Check out this little 3 unit trailer park located directly behind Jmart store on corner of Arkansa road and Forty Oaks Farm Rd. On parish water and sewer system. two tenants pay 500 each and last tenant pays 400 a month. Rent could be increased for sure. No showings without a LOI or Bank letter being owner that owner does not want to disturb the tenants more then he has to. Great little investment for a new owner..
Investment Opportunity: 14-Home Rental Portfolio in Monroe & West Monroe, Louisiana Discover an exceptional opportunity to acquire a package of 14 single-family homes strategically located in Monroe and West Monroe. This portfolio is a rare find, offering a balanced mix of stable, long-term rental income and potential for value appreciation. Highlights: â?¢ Turnkey Income Stream: Most properties are rented to long-term tenants, providing consistent cash flow. â?¢ Prime Locations: Homes are situated in desirable neighborhoods across Monroe and West Monroe, appealing to tenants seeking convenience and quality of life. â?¢ Diverse Property Mix: Each property offers unique layouts, catering to a variety of tenant needs. â?¢ Growth Potential: Opportunities to increase rents or renovate for higher returns. â?¢ Strong Market: Monroe and West Monroe boast a robust rental market, supported by local industries, universities, and a growing population. This portfolio is ideal for investors seeking a scalable entry into real estate or those looking to expand an existing rental business. Donâ??t miss this chance to secure a high-performing asset in one of Louisianaâ??s most stable markets. Contact the Dustin James Team today for financial details and to schedule a private consultation.
Investor opportunity! House and trailer on one parcel. Both are occupied by long-time tenants. Grow your investment portfolio by calling your real estate professional today!
Check out this well-maintained, income-producing property featuring 10 duplexes and a total of 20 units, ideally located in a sought-after area. Built in 2017, this complex offers a modern and low-maintenance design, with each unit featuring high-quality finishes and thoughtful amenities. Each of the 20 spacious 2-bedroom, 2-bathroom units features stained concrete floors throughout that provide a sleek, durable, and easy-to-maintain surface, with granite countertops in both the kitchen and bathrooms. Each unit offers a fully equipped kitchen complete with modern appliances, generous cabinet space, and ample counter space for cooking and entertaining. Every unit features its own 2-car carport, offering both convenience and security. The durable brick exterior and architectural roofing not only provide curb appeal but also enhance the longevity and low maintenance of the property. This property is situated in an ideal location within a highly desirable school zone, making it perfect for families seeking a quality living environment. Whether for long-term tenants or those desiring easy access to nearby amenities, this complex offers both prime rental potential and long-term value. Donâ??t miss the chance to own this turn-key property. With its modern amenities, quality construction, and prime location, this property is a rare opportunity!
This residential income triplex, located in the heart of West Monroe, presents a strong investment opportunity with immediate cash flow potential. The property consists of three one-bedroom, one-bath units, each featuring a kitchen and washer/dryer hookups. Currently, one unit is leased at $675 per month, with two additional units generating $650 and $675 each. On-site parking and a yard provide added value for tenants. One unit has been updated with fresh paint throughout. With the opportunity to further increase rents as leases turn over, this triplex offers excellent upside potential. Its central location in West Monroe makes it an attractive option for tenants seeking convenience and accessibility. Ideal for investors looking to add a reliable, low-maintenance asset to their portfolio, this property is primed for long-term income generation.
Great investment opportunity! Recently remodeled with laminated flooring, neutral colors, brand new central heat and air, new water heaters. 4-Plex, each unit is 2 bedroom, 1 bath. Fridge and stove included. Washer and dryer connections.
Check out this nice little mobile home park 7 total units sitting on 10.53 acres of land in West Ouachita. All homes are rent to own and are all fairly new. Every time someone moves out the landlord ups the rent amounts. Right now Gross rents are $80,580 with one vacant unit. All other 6 are rented. Net after expenses is $70,140. See Docs for rent rolls and list of expenses. The one vacant unit is for lease to own right now at $1100 a month which would add more to the bottom line.
Investment opportunity in a great location near West Monroe Highschool! back on market with a new price! Don't let this one slip by! Looking for turnkey key rental properties with great passive income? If so, then this is the deal for you! Come see these two houses on 1 lot in the city limits of West Monroe. Located in a great part of town. 312 Haynes street is a brick house --2 bed, 1 bath Rent for this unit is $800 a month! 1004 N 4th street is a frame house --2 bed, 1 bath sits behind on the same lot but has a mailing address of 1004 N 4th. Frame house has a new bathroom faucet & is in fair condition. Both are currently rented. Currently rented for $700 per month. Owner/Agent
GREAT INVESTMENT PACKAGE IN THE GEORGE WELCH (CHECK THIS TO MAKE CERTAIN IT HAS NOT BEEN REZONED); GOOD HOPE (CHECK WITH OPSB), and WEST MONROE SCHOOL ZONES. 221 HART (MOBILE HOME) $625/MONTH); 223 HART (HOUSE) $775/MONTH; 227 HART (HOUSE) $600/MONTH; 229 HART (MOBILE HOME) $750/MONTH; 229 HART ROAD-LOT 1 $775/MONTH. THE MOBILE HOME AT 229 HART ROAD-LOT 1 (MOBILE HOME) (UNIT 5) LEASES FOR $775/MONTH. PUBLIC SEWER AND WATER; SOME NEW SEWER LINES AND WATER LINES HAVE BEEN RUN. THIS IS AN EXCELLENT LONG-TERM INVESTMENT. OWNER-AGENT. ( 48 hours for interior showings required)
Check out his little duplex located in West Monroe Louisiana. Both units are around 1400 square feet each. Both units are a 3 bedroom 1 bath . This use to be a house and the owner split in into two separate units. Tenant in the front has use of carport and other tenant parks to the side. Must have a bank letter for setting up showings. Trying not to disturb the tenants very much. Both tenants have been there over 3 years each $1650 a month income coming in total.
Come check out this nice little trailer park located inside the city limits of West Monroe Louisiana. There is one house up front and an apartment on property 9 total spaces are rented now including the house and apartment with spots for 6 RV's or 6 more mobile homes could be installed also. Yearly gross income is $45,500.
INVESTMENT OPPORTUNITY! If youâ??re looking for long-term residential income, this 30-unit trailer park is what youâ??ve been looking for in West Monroe! Sixteen of the lots are occupied with seller-owned mobile homes, 12 lots are leased to tenant-owned homes, while two lots are being used by the seller as a beauty shop and RV site. Thereâ??s also a 4 bedroom, 2 bath home on the property, as well as a functioning beauty shop that could also be used as an office. Gross annual income is $159,300. Situated on 3.1 acres, the property features a gravel driveway, three storage buildings and a variety of seller-owned homes ranging from 3BR/2BA, 2BR/2BA to 2BR/1BA.There is also an attached 2.57 acre cleared lot that allows for expansion. Owner pays for water/sewage/trash ($1,300/mo.), while each lot has an individual electric meter. Maintenance costs vary per year depending upon renovations and appliance/HVAC replacement. There is currently three lots not collecting income that are being used by the seller, while all other lots/homes with the exception of one currently being renovated are leased. All seller-owned homes can be shown with an accepted contract. Seller does not want to unnecessarily disturb the tenants.
Investor Great Investment property and occupied, Get it while it last.
These properties offer an opportunity for immediate rental income with stable tenants and some updates. Whether you're expanding your rental portfolio or starting out as an investor, this package provides solid returns and potential for growth. N. Violet is 2/1, section 8, bathroom renovated this year, new flooring in the hallway and new outside AC in 2022, the tenant has been there 7 years and it rents for $625 a month. Pargoud is 3/1, the roof is 5 years old and it rents for $550 a month. Selling both together.
15 Residential homes total, 18 Available spots that are suitable for RVs and Mobile homes. Current monthly income for these properties is $11,000. Potential for income growth with upgrades and improvements. Land on Guyton Road backs up to Cheniere Lake. Utilities for most rentals are connected to city water and sewer. Seller currently covers some utility costs.
Great investment for someone wanting to get into the rental business or if you are looking to add more to your portfolio then check out this total of 66 units. This included some mobile home park as well as some site built homes in Monroe La. and one small apartment complex. Gross income is $285,000 a year with a year with a potential of $349,000 if everything is rented. Owner pays water for some homes and the average there is $2173 a month Night lights are $399 a month and 554 a month for trash dumpster. So owner pays close to $3150 a month for all mention above or an average of $37,800 a year. Do not disturb tenants when looking. See associated Docs Rent Roll & expenses.
Investor Special Five unit Each home is completely remodeled, New Plumbing, New Electrical, new floors and new paint. Covered parking for each home . Very Low Maintenance. They all Have separate water/sewer and Electrical meters. All homes are rented out and income is $35,100 a year. All homes can be showed as soon as we have an accepted contract in hand. Seller does not want to disturb the tenant with a bunch of showings.
The tenants pay taxes on the homes and their own utilities. Income 10,000 a month and 120,000 yearly. Tenants pay for their own repairs. Seller has an appraisal on file for $1,235,000
Two lots for sale on Moreland Drive, mobile home on property has no value. Tenant occupied with lease in place. buyer can elect to continue lease or choose not to continue to rent upon end of lease. Home is rented for $550/month. Mobile home not allowed to be shown...
Investment opportunity for 11 units with room for possibly 2 more homes to be added - 2 Cabins - 9 Trailers total - 2 trailers are 2021 models - 5 have had a complete remodel completed - Rental income totals $8,000.00 a month - All seperate water meters and city sewer - Expenses include yard maintance of $150.00 per month and taxes currently at $2,800 annually.
West Monroe is located in Louisiana. West Monroe, Louisiana has a population of 13,103. West Monroe is less family-centric than the surrounding county with 19.67% of the households containing married families with children. The county average for households married with children is 27.47%.
The median household income in West Monroe, Louisiana is $38,865. The median household income for the surrounding county is $46,021 compared to the national median of $69,021. The median age of people living in West Monroe is 38.9 years.
The average high temperature in July is 93.2 degrees, with an average low temperature in January of 33.9 degrees. The average rainfall is approximately 55.1 inches per year, with 0.6 inches of snow per year.
