8863 Folly Brown Rd, Clinton, LA 70722

$220,000
5,120
SqFt

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List Price
$220,000
Status
ACTIVE
MLS#
2026018508
Living Area
5,120
Acres
5.77
Parish
East Feliciana
Subdivision
Rural Tract (No Subd)

Property Description

Rare investment opportunity featuring four occupied rental units on approximately 5.7 acres in Clinton, Louisiana. The properties are located at 8949, 8935, 8921, and 8863 Folly Brown Rd and are being offered together as a package. Each manufactured home sits on its own individual lot, ranging from approximately 1.31 to 1.61 acres, with all four lots adjoining. Each property has separate utilities, including DEMCO electric, city water, and individual sewer treatment systems, with utilities paid by the tenants. The portfolio is currently fully occupied and producing approximately $39,000 in annual rental income. Each unit also has a metal roof, helping reduce long-term exterior maintenance. Properties are being sold as a bundle. Please do not disturb tenants. Drive-by viewing only. Interior showings will be scheduled only after an acceptable offer has been negotiated. Contact the listing agent for current rents, cap rate information, maintenance records, and additional details needed to evaluate the investment opportunity.

Additional Information

Cooling
Central Air, Window Unit(s)
Heating
Electric
Appliances
Electric Cooktop, Range/Oven

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Calculator source: Real Geeks

Courtesy of eXp Realty

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