1103 Warren Drive West Monroe, LA 71291
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INVESTMENT OPPORTUNITY! If youâre looking for long-term residential income, this 30-unit trailer park is what youâve 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. Thereâs 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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyOuachita
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site2 Days
- MLS StatusActive
- MLS ID Number211006
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 1103 Warren Drive West Monroe, LA 71291
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