2 Beds
1 Bath
1,641 SqFt
2 Beds
1 Bath
1,641 SqFt
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,641 sqft
Price per Sqft $45
Subdivision University Heights Sub
MLS Listing ID 20885896
Style Detached
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1965
Annual Tax Amount $566
Lot Size 5,183 Sqft
Acres 0.119
Property Sub-Type Apartment
Property Description
Presenting a prime investment opportunity with a portfolio of 10 well-maintained single-family homes, offering solid cash flow potential. This package includes 9 fully-occupied homes, generating consistent rental income, and 1 vacant property, ideal for owner-occupancy or quick re-leasing. Additionally, one home features a separate garage apartment, bringing the total number of units to 11. Property management is already in place, making this a hassle-free investment.
Property Highlights:
10 Homes + 1 Garage Apartment: A diverse selection of properties in high-demand rental areas, totaling 11 units.
9 Occupied Homes: Reliable tenants in place, providing steady income.
1 Vacant Property: Ready for owner-occupant or leasing.
Property Management in Place: Professional management ensures smooth operations with minimal effort.
Low Maintenance: Homes are well-kept, minimizing immediate repair costs.
Prime Location: Close to schools, shopping, public transport, and other amenities.
Investment Benefits:
Attractive Rental Yields: Solid cash flow with proven rental history.
Diversified Portfolio: Spread across multiple properties and units, reducing risk.
Minimal Vacancy: High tenant demand ensures low turnover.
Growth Potential: Areas poised for future appreciation, offering long-term upside.
This 10-property package (with 11 units) offers a turn-key investment with a proven track record, ideal for investors seeking immediate returns and long-term growth. With property management already in place, this opportunity is a low-effort, high-reward addition to any portfolio.
Package Includes MLS ID: 20885903,20885901, 20885874, 20885879, 20885885, 20885889, 20885916, 20885900, 20885896, 20885892
Location
State LA
County Caddo
Direction GPS
Interior
Interior Features High Speed Internet, Other
Heating Other
Cooling Window Unit(s)
Flooring Carpet, Tile
Fireplace No
Exterior
Parking Features Alley Access, Carport
Carport Spaces 2
Pool None
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Roof Type Asphalt
Garage No
Building
Dwelling Type Apartment,House
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories Multi/Split
Schools
School District Caddo Psb
Others
Tax ID 171306093001800
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20885896
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