Price at 13% CAP RATE! Pecan Acres Mobile Home Park is located in the heart of Opelousas and sits on 2.5 acres with city water, sewer and concrete roads. The park has undergone extensive infrastructure improvements over the past year and a half with new home pads, new electrical overhead lines, new poles, meters and panels, newperimeter fence around the park with all roads recently resurfaced. The park has 29 total lots consisting of 19 park owned homes with rents ranging from $550-$850/month with a mix of 2 and 3 Bedroom homes. Out of the 10 remaining lots, 8 are currently leased at $200/month with 2 vacant lots. Lot rents are slightly below market and can be increased quickly. Current rental income is $14,600/month and the park has significant value add potential. Tenants pay all utilities. Priced at an 13% CAP rate.
22004317
Residential - Multi-Family, Other
St Landry
2.5
Acres
Public
Aluminum siding,Frame,Vinyl siding
Public Sewer
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Data Provided by ATTOM Data Solutions
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
Data Provided by Walk Score®
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Data Provided by ATTOM Data Solutions
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