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14-Home Rental Portfolio 15 Properties Offered at $885,000 in Multiple Locations

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EXECUTIVE SUMMARY

Investment Opportunity: 14-Home Rental Portfolio in Monroe & West Monroe, Louisiana Discover an exceptional opportunity to acquire apackage of 14 single-family homes strategically located in Monroe and West Monroe. This portfolio is a rare find, offering a balanced mixof stable, long-term rental income and potential for value appreciation. Highlights: • Turnkey Income Stream: Most properties arerented to long-term tenants, providing consistent cash flow. • Prime Locations: Homes are situated in desirable neighborhoodsacross Monroe and West Monroe, appealing to tenants seeking convenience and quality of life. • Diverse Property Mix: Eachproperty offers unique layouts, catering to a variety of tenant needs. • Growth Potential: Opportunities to increase rents or renovatefor higher returns. • 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 toexpand an existing rental business. Don’t miss this chance to secure a high-performing asset in one of Louisiana’s most stable markets.

PROPERTY FACTS

Price $885,000
Price / SF $48.16 / SF
Sale Type Investment
Status Active
Number of Properties 15
Individually For Sale 0
Total Building Size 18,377 SF
Total Land Area 5.76 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
2010 Burg Jones Ln, Monroe, LA 71202 Land 0.17 AC - -
24 Charmingdale Dr, Monroe, LA 71202 Multifamily 1,776 SF 1961 -
3904 Owl St, Monroe, LA 71203 Multifamily 1,623 SF 1975 -
420 Pargoud Dr, Monroe, LA 71202 Multifamily 1,000 SF 1956 -
702 Hippolyte Ave, Monroe, LA 71202 Multifamily 900 SF 1950 -
4213 Spurgeon Dr, Monroe, LA 71203 Multifamily 850 SF 1947 -
217 Riverbend Dr, West Monroe, LA 71292 Land 0.17 AC - -
902 Montgomery Ave, West Monroe, LA 71292 Multifamily 2,178 SF 1930 -
204 Miller St, West Monroe, LA 71292 Multifamily 1,730 SF 1942 -
204 Heard St, West Monroe, LA 71292 Multifamily 1,608 SF 1952 -
116 Bancroft Blvd, West Monroe, LA 71292 Multifamily 1,533 SF 1937 -
215 Miller St, West Monroe, LA 71292 Multifamily 1,450 SF 1952 -
215 Oaklawn Dr, West Monroe, LA 71291 Multifamily 1,388 SF 1957 -
206 Blair Ave, West Monroe, LA 71291 Multifamily 1,282 SF 1961 -
1305 Evergreen St, West Monroe, LA 71292 Multifamily 1,057 SF 1961 -
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  • Listing ID: 34161291

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 14-Home Rental Portfolio, West Monroe, LA

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