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35004 Deer Lakes Trl
Independence, LA 70443
DEER LAKES TRAIL AND & OAK GLEN TERRACE · Multifamily Property For Sale
·
10,000 SF
Investment Highlights
- Deer Lakes Trail - Location: The site is just outside of Hammond, LA in the Baton Rouge MSA. Hammond, LA is home of Southeastern Louisiana University
- Newer 2019 Clayton Model Homes: Deer Lakes Trail was recently redeveloped
- Stabilized Asset still with Value-Add Opportunity: Currently 86% occupied
- Stabilized Asset still with Value-Add Opportunity: Currently 95% occupied
- Oak Glen Terrace - Baton Rouge, MSA: The site is located on the north end of Baton Rouge, LA, home of the famous Louisiana State University.
- Primarily Tenant Owned Homes: With mostly tenant owned homes, this lowers ongoing operational expenses for a new landlord.
Property Facts
| No. Units | 125 | Lot Size | 1.00 AC |
| Property Type | Multifamily | Building Size | 10,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home | Average Occupancy | 86% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | B | Year Built/Renovated | 2000/2019 |
| No. Units | 125 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 86% |
| No. Stories | 1 |
| Year Built/Renovated | 2000/2019 |
Property Taxes
| Parcel Number | 0553321A | Improvements Assessment | $2,016 |
| Land Assessment | $1,250 | Total Assessment | $3,266 |
Property Taxes
Parcel Number
0553321A
Land Assessment
$1,250
Improvements Assessment
$2,016
Total Assessment
$3,266
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