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Ville Platte and Mamou, LA Portfolio

5 Residential Properties Offered at £2,271,570 in Multiple Locations

Investment Highlights

  • Existing Grant Funds to Be Transferred to New Owner
  • Attractive Duplex Style, Single-Level, Brick Homes with Attached Garages
  • Operational and Rental Upside

Executive Summary

68 Units Across Portfolio; Built Between 2008 & 2012; Multiple Recent Unit Renovations
Properties offered Free and Clear; No Seller Financing
Properties Subject to Rent & Income Limits Pursuant to HOME Program Guidelines
New Owner to Receive Remaining Grant Funds (Approximately $250k Depending on Close Date), Which Can be Used to Service New Debt.

Attachments

Financial Analysis

Data Room Click Here to Access

  • Offering Memorandum

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual $99,999
Vacancy Loss
Annual $99,999
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price £2,271,570 Status Active
Price / SF £37.53 / SF Number of Properties 5
Sale Conditions Portfolio Sale Individually For Sale 0
Net Initial Yield 7.47% Total Building Size 60,520 SF
Sale Type Investment Total Land Area 20.74 AC
Price £2,271,570
Price / SF £37.53 / SF
Sale Conditions Portfolio Sale
Net Initial Yield 7.47%
Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 60,520 SF
Total Land Area 20.74 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Ben and Clem Estates
1123 N Chataignier St, Ville Platte, LA 70586 		Residential 13,720 SF - -
Thomas Landing Apartments
1209 Celestine St, Mamou, LA 70554 		Residential 9,000 SF 2011 -
Lafleur Landing I
1111 N Chataignier St, Ville Platte, LA 70586 		Residential 12,600 SF 2010 -
Lafleur Landing III
1170 N Chataignier St, Ville Platte, LA 70586 		Residential 12,600 SF 2012 -
Lafleur Landing II
1119 N Chataignier St, Ville Platte, LA 70586 		Residential 12,600 SF 2011 -
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Links

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(425) 761-1640

Contact

  • Listing ID: 32836306

  • Date on Market: 16/08/2024

  • Last Updated:

  • Address: Ville Platte and Mamou, LA Portfolio, Ville Platte, LA

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© 2024 CoStar Group

Ville Platte and Mamou, LA Portfolio
(425) 761-1640 x

Ville Platte and Mamou, LA Portfolio

Mike Terry

(425) 761-1640

(425) 761-1640

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